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4 Cards in this Set

  • Front
  • Back

The strategic planning process

the process of establishing an organisational mission and formulating goals, corporate strategy, marketing objectives, marketing strategy and marketing plan

Strategic planning

step one.



Analysis of an organisations strengthd and weaknesses, identification of organisations opportunities and threats.





SWOT analysis

S- strengths: internal capabilites that may help the company reach its objectives




W-weaknesses:internal limitations that may interfere with the company's ability to achieve its objectives




O- opportunities: external factors that the company may be able to exploit to its advantage




T-threats curenting emerging external factors that challenge the company's performance

assesing organisational resources and opportunites

competative advantage