Task 2: Innovative and Strategic Thinking
Course Code: C714 v2
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- Discuss at least TWO potential risks that the company from the scenario may encounter in entering the new market and describe the impact to the company.
(Unit 3: Managing Risks.)
B1. Conduct a SWOT analysis of the company in the scenario by identifying at least two internal strengths.
B2. Conduct a SWOT analysis of the company in the scenario by identifying at least two internal weaknesses.
1.
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B3. Conduct a SWOT analysis of the company in the scenario by identifying at least two external opportunities.
B4. Conduct a SWOT analysis of the company in the scenario by identifying at least two external threats.
- Based on the SWOT analysis from B1 – B4, identify TWO strategic recommendations for the company. (Unit 4: Business Strategy.)
2.
C1. JUSTIFY one strategic recommendation from part C by explaining in detail the benefits to that recommendation.
References (if applicable)
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