Strategic Plan, Part Ii: Swott Analysis

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RUNNING HEAD: Strategic Plan, Part II: SWOTT Analysis

Strategic Plan, Part II: SWOTT Analysis


September 24, 2012

Strategic Plan, Part II: SWOTT Analysis

The assignment is to conduct a SWOTT analysis for the business of Petites R Us. This assignment will examine the economic, legal, and regulatory forces and trends along with five other forces and trends. The paper will explain how the company adapts to change and the analysis of the supply chain operations management. The paper will identify major issues and identify opportunities. Part of the assignment is to conduct a hypothesis and research on how to make the business successful.

Economic, legal, and regulatory, and other forces and trends

To secure a successful plan it is important to adhere to certain internal and external forces and trends. Some of these forces and trends are economic, legal, and regulatory. Below will be a review of additional internal and external forces and trends that the business should follow.

* Economic: A business will determine the state of competitive environment in which the business will operate; this force may affect the outcome of the business and determine the strength of demand for the products.

* Legal and regulatory: Because of the many laws and regulations when opening a business, it is important to know what a business can and cannot do. Some of these laws are the environmental protections laws, fair competition laws, online business laws, and advertising laws. The environmental protection agency is responsible for the way that businesses effect the environment. The fair competition law prevents free trade from occurring; this law keeps an eye out for any business that partakes in...