Compare and contrast SWOT and SOAR strategic analysis tools. In your opinion, which of the two is a better option for conducting strategic analysis. Justify your opinion using practical examples.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter8: Strategic Analysis: Understanding A Firm’s Competitive Environment
Section: Chapter Questions
Problem 1CRQ: Why do managers use strategic analysis?
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Compare and contrast SWOT and SOAR strategic analysis tools. In your opinion, which of the two is a better option for conducting strategic analysis. Justify your opinion using practical examples.

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