Reference no: EM132791584

Qus1) Describe the steps required to review and develop new organizational values.

Qus2) An organization's internal environment has many variables, such as management structures, workforce development and operations it has some control over. Its external environment is less controllable, so successful organizations need to consider and respond to external variables when undertaking strategic planning.

List five key elements in a typical organization's external environment and explain how these can impact an organization's strategic planning.

Qus3) A SWOT analysis outlines the strengths, weaknesses, opportunities and threats that can provide important information on the internal workings of an organization. Explain how this is useful.

Qus4) Market share describes the section of a market that an organization has control over, and can be used to compare the strengths of the organization over its competitors. By understanding your customers' profiles, strengths and weaknesses, you can better plan to meet their needs.

Describe four strategies you can use to get to know your customers.

Qus5) When undertaking a strategic planning process, there will often be situations where it becomes necessary to consult specialists and experts for advice, often as part of a risk mitigation strategy.

Name five such experts or specialists, and give an example of what type of advice you might expect from each of them.