Examlex
The most important issues to consider in financial feasibility analysis are total startup cash needed, financial performance of similar businesses, and overall financial attractiveness of the proposed venture.
Environmental Scan
The process of systematically examining external elements affecting an organization, to identify opportunities and threats that could influence future strategies.
Strategic Planning Process
A methodical approach for setting organizational goals, determining actions to achieve those goals, and mobilizing resources to execute the actions.
SWOT Analysis
A strategic planning tool used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats, helping in the development of strategic plans.
Core Competencies
Fundamental strengths and strategic advantages of an organization or individual that distinguish them from competitors.
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Q65: The first step in a competitor analysis
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