WOT analysis focusses attention on both the internal (resources and capabilities) and external attributes of a firm’s environment. However, without the analytical tools or model for analysing a firm’s environment, SWOT analysis provides no guidance in how these firm’s environmental questions are answered. Describe the tools or model normally used in analysing industry forces and firm’s internal resources and capabilities.

Complete a SWOT analysis the on ABC Corporation. Strategic Analysis Data: This includes information generated during the external analysis (e.g., environmental scan) and internal analysis (e.g., SWOT analysis). It also includes a list of strategic issues identified during these analyses.

Tech Niche Corp., a provider of IT services, has recorded a decrease in sales and profit over the past few months. The managers of the firm review the situation and conduct a SWOT analysis of the firm. This provides new insights into the ways to improve sales. In the context of developing a marketing plan, the organization is in the phase of:   Multiple Choice   Initiation.   Design.   Planning.     Control.

Peruse the business group listings for 3M Company shown as follows and listed at its investor relations site (investors.3m.com). How would you characterize the company’s corporate strategy? Related diversification, unrelated diversification, or a combination related-unrelated diversification strategy? Explain your answer. Consumer Products—for the home and office including Post-it (R) and Scotch (R) Transportation and Electronics—automotive and aerospace films and tapes; electronics assembly solutions Health Care—filtration systems, wound care products, dentistry products, health care software solutions Safety and Industrial—abrasives, adhesives, specialty materials, and filtration systems, safety and security products