MGT 498 Week 3, DQ 1 to
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Week 3 DQ 3 Based uponplan preparation, how would oneassess the impacts oforganizational strengths & weaknesses related to the development of long-term objectives? Strengths & weaknesses play an integral role in strategic planning & preparation. An organization must consider both strengths & weaknesses when preparing any plan, strategic or tactical. The organization will look to its strengths to build the plan, a company is going to base many of its actions on its strengths & attempt to compensate in planning for its weaknesses. A well-crafted strategic plan will attempt to improve the areas where they are weakest or cover their weakness by other areas of overwhelming strength. This is the reason that a SWOT analysis should always be performed prior to consideration of strategic...