Strategic Planning in the Small Business

Unit 2 HO 2-1 (continued) PRIORITY STRATEGIC ISSUES Internal Analysis Administration No buy/sell agreement between shareholders ...

Unit 2 HO 2-1 (continued) External Analysis Expanded relationship with Blind Industries (0) Market penetration (0) Market deve ...

Unit 2 HO 2-2 Figure 6.1 Management Audit By: Date: Based upon my analysis of the business, I believe that the operation is bein ...

Figure 6.1 Management Audit continuedfrom previouspage Yes No B.Inventory control Do you know what your inventory turnover is? I ...

Unit 2 HO 2-2 (continued) Figure 6.1 Management Audit continuedfrom previous page Yes No E. Credit and collection Do you know yo ...

T nlt IO 1 ) Figure 6.1 Management Audit continuedfrom previouspage Yes No V. Administrative Management A. Record keeping Are r ...

Figure 6 .2 Good Management Scorecard Yes No L We operate with a complete and up-to-date business plan which includes: A. One ...

Unit 2 HO 2-2 (continued) Figure 6.2 Good Management Scorecard continued from previous page VII. We strive to improve producti ...

Unit 2 HO 2-3 Worksheet #2: Situation Analysis HISTORY AND PRESENT SITUATION A. Utilize this worksheet as the beginning point fo ...

Unit 2 HO 2-3 (continued) 4) Briefly describe your distinctive competencies. B. Use the next portion of Worksheet 2 to help co ...

Unit 2 HO 2-3 (continued) 7) List the major strengths and weaknesses of your company by functional area and by SBU of the busin ...

Unit 2 HO 2-3 (continued) 8) List the primary opportunities and threats facing your company overall and by SBU. Note: Photocop ...

Unit 2 HO 2-4 .3 Environm ntal Analysis Objectives After reading this chapter you should understand: What is meant by envi, onm ...

Unit 2 HO 2-4 (continued) THE VALUE OF ENVIRONMENTAL ANALYSIS "Coping with the constantly changing environment is probably the m ...

Unit 2 HO 2-4 (continued) Certainly, managers of small businesses wish to realize and capitalize on the opportunities and benefi ...

HO 2-4 (continued) Unit 2 Capsule 1-1 Minnetonka, Inc. Minnetonka, Inc. is a classic story of entrepreneurial zeal and astute en ...

Unit 2 HO 2-4 (continued) environmental analysis, they are engaging in a process of iden­ tifying and examining key external fac ...

Unit 2 HO 2-4 (continued) always be tracked. By following developments reported in trade literature and following reports of adv ...

Unit 2 HO 2-4 (continued) velopment and restructuring of their firms to avail themselves of the exporting advantages and opportu ...

Unit 2 HO 2-4 (continued) eating out. However, the attitude and function of dining out has changed. Time is also critical becaus ...