Opportunity- it is a factor in the external environment that is expected to work favorably towards company's operations. (positive, uncontrollable, EE)
Examples: stable political leadership, strong
confidence of investors, increase in purchasing power
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Threat- it is a factor in the external environment that is expected to have a negative effect on company's operations. (negative, uncontrollable, EE)
Examples: political unrest, piracy, substitute
products, oil price hike
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VI. ALTERNATIVE COURSES OF ACTION
This enumerates the possible solutions to the
problem.
Alternatives must solve the problem.
There must be at least 3 alternatives.
They must be equally desirable.
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VII. ANALYSIS OF ALTERNATIVES
- the advantages and disadvantages of each
alternative are enumerated. -this section must be fully exhaustive.
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VIII. RECOMMENDATION
-Choose only one best alternative
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IX. IMPLEMENTATION PROGRAM
-This section discusses the plans of the group
on how to put the decision into action. -They must start with verbs or action words.
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X. OTHER PROBLEMS AND RECOMMENDATIONS
-This contains other problems of the company
that need to be solved as well as the proposed solutions to each and every problem.
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XI. MANAGEMENT LESSONS LEARNED FROM THE CASE
-This section synthesizes the case by
enumerating at least 3 Management lessons learned from the case.
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