Review the SWOT analysis you completed for your organization in MHA/505. Applying your knowledge of economic principles, analyze how economic concepts impact the opportunities or threats facing your organization.
Write a 1,225- to 1,550-word report of your organizationâ€™s SWOT and how economics in your market impact the strategy and future of your organization. Include the following:
- 1. Summarize the major economic trends in your market.
- 2. Evaluate whether these trends benefit or harm your organizationâ€™s strategic goals. Provide a rationale for your response.
- 3. Evaluate whether the economy in your market presents opportunities or threats for your organization or both. Describe them and how they apply to your organization.
- 4. Examine whether your organization can influence the economics in your area. Explain your perspective.