KELLER MGMT 303 Week 2 .pdf
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KELLER MGMT 303 Week 2
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MGMT 303 Complete Week 2
MGMT 303 Week 2 DQ 1 Business Decisions
Managers, most business decisions are made under conditions of either risk or
uncertainty. In your opinion, is it easier to make a decision under a condition of risk
or a condition of uncertainty? Why? Give an example from your experiences to
support your answer.
MGMT 303 Week 2 DQ 2 Performing a SWOT Analysis
Think of a major organization. Identify that organization and think through the
SWOT analysis for that organization. What are the competitive advantages of the
organization you identified? Explain how you arrived at that decision.
MGMT 303 Week 2 Quiz
List at least FIVE sources you will use to obtain information about the firm’s
strengths, weaknesses, opportunities, and threats. Discuss what categories of the
SWOT elements of information are readily available on the Internet. What categories
of data are difficult or impossible to find on the Internet? (When using the Internet,
be sure to provide specific websites or URLs.)
Rate,from the best to the worst, each of the sources you indicated in #1 above as
being sources you will use in your analysis in terms of its probable reliability.
Discuss the steps and/or actions you can take to validate the reliability and accuracy
of the information you obtain.
As a manager, how confident would you be in basing strategic decisions on the
information that you’ve obtained online for the SWOT? What other sources of
information can you use to effectively complete the SWOT analysis?