Internal Analysis in Strategic Management

Internal-Analysis-in-Strategic-Management

Internal Analysis Definition Internal analysis can be defined as a comprehensive assessment of the internal factors within an organization. While any examination of a company can technically be called an internal analysis, when used in a strategic management context, the term refers to the application of well-recognized tools of internal analysis such as SWOT analysis, … Read more

What is the Difference between SWOT and TOWS Analysis?

The difference between SWOT and TOWS analysis is that the former identifies internal and external factors. The latter expands upon this by interlinking the identified factors to assess the strategies available to companies. In other words, TOWS is used to align the strength and weaknesses of a company (internal factors) to the opportunities and threats … Read more

Why is GPA Important? All You Need to Know About GPA

Importance of GPA

GPA is important because it helps open more opportunities for you in the initial stage of your career. It contributes significantly to the initial impression that you give to the admissions office at universities or potential recruiters. While GPA is not a measure of intelligence, most people have assume that someone with good GPA is … Read more

Comprehensive Website Credibility Checklist for Students

Gradmode website credibility checklist

This website credibility checklist for students should be relied upon when writing academic assignments. The quality of references used is often a key factor affecting assignment grade. Hence, you need to pay close attention to the trustworthiness of the websites which you reference in your paper. The cornerstone of academic writing is to find relevant … Read more

What is the Meaning of Industry Analysis (Definition, Example & Template)

industry analysis meaning

Industry analysis refers to the application of strategic management tools to a specific industry for determining the competitiveness and attractiveness of the industry. With this explanation, the importance of industry analysis in strategic management processes should be quite clear. The purpose of this is to answer one major business question: is this an attractive industry … Read more