Using the example in the lesson above, evaluate whether the different variables listed is an opportunity or threat.
Understand the Problem
The question is asking to evaluate whether certain external variables related to educational strategies are considered as opportunities or threats in the context of strategic management. It requires analysis based on a STEEP framework and the given context about the education system in the Philippines during the COVID-19 pandemic.
Answer
Weather and pandemic are threats; skill-focused education is an opportunity.
Variables such as the weather affecting school schedules and the political-legal aspect of pandemic measures can be seen as threats. However, shifting educational focus to include skill development is seen as an opportunity.
Answer for screen readers
Variables such as the weather affecting school schedules and the political-legal aspect of pandemic measures can be seen as threats. However, shifting educational focus to include skill development is seen as an opportunity.
More Information
Classifying environmental and socio-cultural factors can guide strategic decisions. The weather and pandemic restrictions challenge operational consistency, while adapting educational offerings to market needs presents growth potential.
Tips
A common mistake is not distinguishing between external opportunities and threats. Always align them with organizational goals.
Sources
- SWOT Analysis | Principles of Marketing - Lumen Learning - courses.lumenlearning.com
- SWOT analysis - Business Queensland - business.qld.gov.au
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