Define SWOT Analysis and Explain Its Purpose in the Strategic

question 121

Essay

Define SWOT analysis and explain its purpose in the strategic planning process.

---

Definitions:

Economic Integration

The process by which different countries reduce trade barriers and coordinate monetary and fiscal policies in order to create a more seamless and unified global economy.

Republican Party

One of the two major contemporary political parties in the United States, traditionally advocating for conservative policies.

Catholic Church

The largest Christian church, with more than a billion members worldwide, led by the Pope and characterized by its traditions and interpretation of Christian doctrine.

Texas Independence Movement

A series of events leading to the secession of Texas from Mexico and its declaration as an independent republic in 1836.