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Management
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MGT W3 Internal and External Analysis Management Essay

Essay Instructions:

Discuss the differences between an internal analysis and an external analysis with respect to strategic planning.

What do organizations typically analyze as part of an internal analysis, and why?

What do organizations typically analyze as part of an external analysis, and why?

How do the results of each of these analyses inform an organization’s strategic plan?

Essay Sample Content Preview:

Strategic Planning
Name Institution
Strategic Planning
Differences between Internal and External Analysis With Respect to Strategic Planning
An internal analysis is fundamentally an exploration of the competency, competitive advantage and costs position of an organization in its designated industry. The execution of an internal analysis capitalizes on the incorporation of processes that provide all the information about the organizati...
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