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to 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and...

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to 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
  • Search the Internet, and provide information that illustrates how internal analysis is completed and its implications if not completed accurately and honestly.
  • Discuss if this internal analysis of the business could increase a level of competitive advantage? Explain.
  • Provide specific examples to support the points in your post.
Answered Same Day Dec 29, 2021

Solution

David answered on Dec 29 2021
110 Votes
Internal Analysis
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Internal Analysis
Internal analysis of a business is a self-evaluation of the strengths and weaknesses. This is a self-assessment exercise done by the management to gauge the business hence aid in strategic planning for success and leadership in the market. It involves performance analysis where the company compares its cu
ent and the expected results. It also involves cost and financial resource analysis where the company is able to check on availability of cash and its ability to gain a competitive advantage. Internal analysis also includes strategy analysis, which helps in examining the ability of the company’s management to cope with the changing market. There is also an analysis of strategic priorities that helps the company to focus on long-term objectives and ways of achieving them. In addition, internal analysis helps a...
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