13 May Read the MCT Template Instructions (PDF) first. 2. Read it carefully so you don’t make any mistakes and if you can’t understand what you’ve to do the
1. Read the MCT Template Instructions (PDF) first.
2. Read it carefully so you don't make any mistakes and if you can't understand what you've to do then ask me.
3. Read Case Study (Historic one PDF).
4. Then look at MCT Template Instructions again.
5. Start filling out the MCT template (Word Document).
You will be using the Management Consulting Template.
Here is some helpful information: The Management Consulting Template (MCT) is a tool used by consultants to track their thinking and analysis in
order to come up with strong/best recommendations for the client based on the diagnostic tools/facts/critical
analysis/logic. The goal in MCT is to pick one of three options for the client and work it through the MCT and to
therefore have a persuasive argument in place. (Later when finished using the MCT the consultant would then use
the information within the template to write up a professional report. However. for this assignment we only
complete/deliver the MCT template itself). Send Individual Assignment 2 to [email protected]
Note some of the important aspects/pointers I typically expect/review/explain for this assignment:
i. What are the steps one should consider in Individual Assignment 2 of BUSI640- using the Management Consulting Template (MCT)? a. review the Case Study documents to understand the situation b. select the diagnostic tools that will help you with diagnosis of the situation c. think through b. with the help of those tools d. come up with three options (Table 2) that you as the consultant decide are the best three options for the consultant to overcome/improve the situation the client is facing e. select only one of those three options as your preferred option f. from that point on only answer the remaining tables in terms of the one preferred/selected option you chose.
Having done the above you would have now arrived now at Table 3
ii. What about critical issues and WNTBA? For each of 3.1, 3.2 etc you now need to think through the question "what are the critical issues (problems or barriers, etc) that will need to be addressed in order to achieve the one option I have selected/chosen? For each of the sections (3.1, 3.2 etc) answer the questions for each of the critical issues you find for that section.
a. Table 3B – Table 3b is closely connected to Table 3.1; 3.2; 3.3 etc
– the box in Table 3B that states "What Needs to Be Addressed" can be understood as a question "What needs to be addressed in order to overcome/resolve the critical issue(s) that were found in Table 3.1; 3.2; 3.3 etc
b. Table 4 – Table 4.1; 4.2; 4.3 etc are closely connected to Tables 3B – WNTBA is What Needs to Be Addressed – the WNTBA Statements come from Table 3.1; 3.2; 3.3 etc – having filled in the statements you now need to then find/decide on two solutions/ideas/alternatives (i.e. Alternative #1; Alternative #2) for the client that best address/help solve each WNTBA – having come up with two alternatives for each WNTBA, you now need to select one of the two alternatives as your recommendation for each WNTBA and give the rationale as to why you chose that alternative (bottom box of 4.1; 4.2, 4.3 etc.)
c. The section of Table 5 is where the final recommendations and outcomes are written that result from the critical analysis work you did in the earlier sections/tables leading up to Table 5.
d. Only the reference page is APA; type directly into the boxes; no other paper/documents etc are necessary beyond the template other than the reference page and any appendices you decide to add; it is ok to use professional point form but preferably in Tables 2 (the three options) use full sentences/paragraphs and give good detail as Tables 2 will likely contain the most information and the other tables will be sentences and smaller sections/answers typically. This is a critical analysis assignment where you show you have tracked your thinking, analysis, and recommendations AND that they fit together.
,
Management Consulting Template
Student-Consultant Name:
___________________________________
Date of Template Submission:
_________________________
Table of Contents
4 Notes REGARDING PRIORITY LEVEL
5 Table 2.1 – Analysis of Strategic Options (Option 1)
6 Table 2.2 – Analysis of Strategic Options (Option 2)
7 Table 2.3 – Analysis of Strategic Options (Option 3)
10 Table 3.1 – Critical Issues in the Context of Recommended Strategic Option – (FINANCE)
11 Table 3.2 – Critical Issues in the Context of Recommended Strategic Option – (HR)
12 Table 3.3 – Critical Issues in the Context of Recommended Strategic Option – (IT/MIS)
13 Table 3.4 – Critical Issues in the Context of Recommended Strategic Option – (POM)
14 Table 3.5 – Critical Issues in the Context of Recommended Strategic Option – (MARKETING)
16 Table 3B – Development of What Need to Be Addressed Statements (5 OR 6)
(Finance; HR; IT/MIS; POM; Marketing; Other)
19 Table 4.1 – WNTBA 1: Evaluation of Alternative Solutions & Recommendation
20 Table 4.2 – WNTBA 2: Evaluation of Alternative Solutions & Recommendation
21 Table 4.3 – WNTBA 3: Evaluation of Alternative Solutions & Recommendation
22 Table 4.4 – WNTBA 4: Evaluation of Alternative Solutions & Recommendation
23 Table 4.5 – WNTBA 5: Evaluation of Alternative Solutions & Recommendation
25 Table 5 – Recommendation Detail # 1
26 Table 5 – Recommendation Detail # 2
27 Table 5 – Recommendation Detail # 3
26 Table 5 – Recommendation Detail # 4
27 Table 5 – Recommendation Detail # 5
Appendices / Tables
REFERENCES
Notes regarding priority level
· Table 5 – Priority: HI= High (Extremely important, very critical); ME= Medium (important but not critical); LO=Low (needs to be done but not important and/or critical) |
Table 2.1 – Analysis of Strategic Options
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Option 1
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Briefly Identify & Describe the Option
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Benefits/ Advantages
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Critical Success Factors
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Threats/ Risks
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Why is this your recommended Strategic Option?
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Table 2.2 – Analysis of Strategic Options
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Option 2
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Briefly Identify & Describe the Option
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Benefits/ Advantages
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Critical Success Factors
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Threats/ Risks
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Why is this your recommended Strategic Option? |
Table 2.3 – Analysis of Strategic Options
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Option 3
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Briefly Identify & Describe the Option
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Benefits/ Advantages
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Critical Success Factors
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Threats/ Risks
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Why is this your recommended Strategic Option? |
NOT REQUIRED Table 2A – Strategic Analysis – Stakeholder Positions on Strategic Options
Stakeholders and their positions:
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Strategic Option 1:
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Strategic Option 2:
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Strategic Option 3:
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Stakeholder 1:
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Stakeholder 2:
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Stakeholder 3:
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Stakeholder 4:
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NOT REQUIRED Table 2B – Strategic Analysis – Impact of Critical Issues on Strategic Options
Strategic Options & Their Critical Issues |
Strategic Option #1 |
Strategic Option #2 |
Strategic Option #3 |
Finance
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Marketing
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Operations
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IT
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Human Resources
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Table 3.1 – Critical Issues in the Context of Recommended Strategic Option – FINANCE
CRITICAL ISSUES
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How is it manifested? |
Why is it happening? Cause(s)?
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1) Why Important? 2) Implications if not dealt with? |
Finance F1
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F2
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F3
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F4
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F5
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Table 3.2 – Critical Issues in the Context of Recommended Strategic Option – HR
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Human Resources HR1
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HR2
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HR3
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HR4
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HR5
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Table 3.3 – Critical Issues in the Context of Recommended Strategic Option – IT/MIS
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Info Tech IT1
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IT2
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IT3
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IT4
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IT5
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Table 3.4 – Critical Issues in the Context of Recommended Strategic Option – POM
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Operations OP1
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OP2
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OP3
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OP4
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OP5
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Table 3.5 – Critical Issues in the Context of Recommended Strategic Option – MARKETING
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Marketing M1
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M2
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M3
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M4
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M5
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NOT REQUIRED Table 3A – Vertical Causal Analysis
Description of Underlying Cause (Common causes for multiple problems) |
Critical Issue(s) Addressed (as identified in Table 3) |
Total Frequency |
Priority and Importance |
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Low |
Med |
High |
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1. |
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2. |
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3. |
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4. |
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5. |
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6. |
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7. |
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8. |
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9. |
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10. |
Additional Issues or Insights which are critical to the success of the organization
OR will critically impact on the success of your recommended strategy
Table 3B – Development of What Need to Be Addressed Statements
1. What Needs to Be Addressed |
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Implications if not Addressed |
Opportunities if Addressed |
2. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
3. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
4. What Needs to Be Addressed |
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Implications if not Addressed |
Opportunities if Addressed |
5. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
6. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
Comment – Observations and Conclusions Regarding Diagnosis
Table 4.1 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #1
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Alternative #1 |
Pros |
Cons |
Alternative #2 (Note: Is there another major alternative?) |
Pros
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Cons
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Recommendation & Rationale |
Table 4.2 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #2
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros
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Cons
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Recommendation & Rationale |
Table 4.3 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #3
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros
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Cons
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Recommendation & Rationale |
Table 4.4 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #4
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Alternative #1 |
Pros |
Cons |
Alternative #2 (Note: Is there another major alternative?) |
Pros
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Cons
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Recommendation & Rationale |
Table 4.5 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #5
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros |
Cons |
Recommendation & Rationale |
Table 4.6 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #6
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros |
Cons |
Recommendation & Rationale |
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 15 days |
Timing |
Priority (See Note to the Marker) |
Rec #1
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Rec #1 – Critical Success Factors & Risks to be Managed |
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Rec #2
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Rec #2 – Critical Success Factors & Risks to be Managed |
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 10 days |
Timing |
Priority |
Rec #3
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Rec #3 – Critical Success Factors & Risks to be Managed |
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Rec #4
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Rec #4 – Critical Success Factors & Risks to be Managed |
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 10 days |
Timing |
Priority |
Rec #5
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Rec #5 – Critical Success Factors & Risks to be Managed |
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Rec #6
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Rec #6 – Critical Success Factors & Risks to be Managed |
OPTIONAL Table 1 – A SWOT+ Data Gathering Table (STRATEGY)
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Strategy
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.1 – A SWOT+ Data Gathering Table (FINANCIAL MANAGEMENT)
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Finance
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.2 – A SWOT+ Data Gathering Table (HR MANAGEMENT)
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Human Resources
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.3 – A SWOT+ Data Gathering Table (IT/MGT INFO SYSTEMS)
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Information Technology
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.4 – A SWOT+ Data Gathering Table (PRODUCTION OPERATIONS MANAGEMENT)
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Operations
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.5 – A SWOT+ Data Gathering Table (MARKETING MANAGEMENT)
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Marketing
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