functions

Hence, the framework considers the vision and needs of each department within an organization and subsequently aligns these with the organizational goals. This can also be defining the Unique Selling Point (USP) that sets you aside from your competition. This is particularly important in competitive industries where there are many defined competitors. The SWOT analysis considers not only the internal situation of a company, but also the external situation. A business strategy is ultimately aiming to answer a series of questions of how a business can compete, grow and prosper.What are the 3 basic of business strategy?There are…