Name: Garde, Lovelen E. Year & Section: BSBA FM 1-B Date: Sep.

23, 2022 Score:________

Performance Task
Activity # 1 Self-Assessment
Fill in the blanks. Write your answer on the space provided.

1. SWOT stands for STRENGTHS, WEAKNESSES, OPPORTUNITIES and THREATS.

2. An OPPORTUNITY is a major favorable situation in a firm's environment.
3. STRENGTH is something a company possesses or is good at doing.
4. SWOT Analysis provides the "raw material" for analyzing INTERNAL CONDITIONS and EXTERNAL
conditions of a firm.
5. SWOT ANALYSIS portrays the essence of strategy formulation.

Name: Garde, Lovelen E. Year & Section: BSBA FM 1-B Date: Sep. 23, 2022 Score:________

Performance Task
Activity # 2 Review Questions: Answer each question comprehensively. (5 points each)

1. Suppose you are newly appointed CEO of Insurance Company. How would you perform the internal
analysis to identify the resources and capabilities of the firm?
 If I was a newly appointed CEO of Insurance Company, I would perform the company’s internal analysis
using SWOT Analysis. It stands for strengths, weaknesses, opportunities and threats and is used to
summaries a company’s situation or current position. The SWOT process focuses on the internal strengths
and weaknesses of me, my staff, my products, and my business. At the same time, it looks at the external
opportunities and threats that may have an impact on my business, such as market and consumer trends,
changes in technology, legislation, and financial issues.

2. Examines the role of internal analysis in strategy formulation.

 The role of an internal analysis is to identify the strengths and weaknesses of a firm’s resources and
capabilities. Doing an analysis of this type is a good way to better understand a business and its markets,
and can also show potential investors that all options open to, or affecting a business at a given time have
been thought about thoroughly.

3. What points would you keep in mind to enhance the quality of the material while devising a SWOT
Analysis?
 It's important to keep it simple; lengthy analysis is typically not needed. Whenever feasible, connect your
strengths and shortcomings to the critical success elements in your sector. Strengths and weaknesses
should be described in terms of competition, or in contrast to rivals. Specificity is preferred above
blandness in statements. The distance where the company wants to be and where it is currently
should be reflected in the analysis. It’s critical to be honest about the advantages and disadvantages
of one's own and rival organizations.

4. "SWOT Analysis portrays the essence of strategy formulation". Expound.

 It captures the fundamental goal of developing a strategy by matching the company’s internal strengths
and weaknesses with its external opportunities and threats. The essence of the SWOT analysis is to
discover what you do well; how you could improve; whether you are making the most of the opportunities
around you; and whether there are any changes in your market such as technological developments,
mergers of businesses, or unreliability of suppliers that may require corresponding changes in your
business.

5. How would you carry out SWOT analysis for a software and electronic media company?
 A SWOT analysis for technology involves evaluating the four main areas in the context of your digital
workplace and reflecting on your answers. Strengths are the positive attributes of a company that allow
you to operate efficiently, generate revenue and achieve business goals. This includes tangible aspects,
 like well-managed facilities and the latest workplace technology, and intangible aspects, such as the firm’s
reputation and the skills of your workforce. Examples of weaknesses hindering the company’s digital
transformation strategy include manual processes that could be automated, outdated workplace
technology or difficulty managing your workplace data. While strengths and weaknesses are considered
internal factors, opportunities and threats are external elements that can influence the success of the
change or initiative. Opportunities are factors a company can leverage to gain an advantage over
competitors, such as market shifts, new cultural trends, changes to the industry or upcoming tech
launches. Threats include anything outside the organization that could negatively impact one’s ability to
implement a digital transformation strategy. Examples of threats are new competitors entering the
marketplace, service providers increasing prices, changes in the economy and new government
regulations.

6. Critically assess the significance of SWOT Analysis in Strategic Management.

 Strengths, Weaknesses, Opportunities, and Threats, or SWOT, is a crucial acronym in the business world
for both individuals and organizations. SWOT analysis is a practical method for evaluating these four
characteristics, which are extremely important to an organization. A SWOT analysis helps evaluate where
a company stands in a competitive market and what steps need to be taken for further strategic planning,
helping decision-makers draw a future roadmap for the company.

7. Is it not enough for a company to analyze its own strengths and weaknesses? Justify your answer
 No, completing a SWOT analysis will enable you to pinpoint your core activities and identify what you do
well, and why, it is not just the company’s strengths and weaknesses. It will also point you towards where
your greatest opportunities lie, and highlight areas where changes need to be made to make the most of
your business.

8. "SWOT analysis stands at the core of strategic management". Substantiate

 Strategic management's foundational tool is the SWOT analysis. It is crucial to remember that strengths
and flaws are potential value-creating abilities or resources, or the lack thereof, in relation to competitive
forces. However, opportunities and risks are uncontrollable external variables of an organization, but
instead competitive dynamics caused by ‘gaps’ or ‘crunches’ in the market.

Name: Garde, Lovelen E. Year & Section: BSBA FM 1-B Date: Sep. 23, 2022 Score:________

Performance Task
Activity # 3 Case Study: Answer by applying the theories learned in the lesson.

As the CEO of a footwear manufacturing company, I think that funding research and development is the first step

that needs to be taken in order to stimulate technological innovation. In term of research and development, I’ve seen that
technology has an influence on current generations' new business trends.

As a business owner, I realized that I should know the importance of identifying business trends. Furthermore, it is
one thing that I absolutely need to do in order to make sure our company is able to stay relevant. In spite that trends
can seemingly change on a whim, especially within certain industries, keeping up with them can seem like a very involved
task. Yet I believe it has to be done first by following the top trendsetters online. In fact with this, we will be able to see when
new trends appear at the same time with our competitors. Moreover in this way, we will be able to be on top of the current
trends and not the last company to know. In addition to identifying trends, advertising through social media platforms is also
a great step in increasing the number of our customers.

Our company’s another plan is to create partnership with online selling/delivery company’s like Lazada and
Shoppee to extend our reach to our customers nationwide. The online shopping experience is now an extremely
dynamic one. In relation to that, our company needs to take this as an opportunity to start engaging with Ecommerce. This
encompasses any commercial transaction that involves the transfer of information across the internet. Indeed this will lower
set up and running costs than an offline business.

In conclusion, my footwear manufacturing company will increase its investment in research and development to

starttaking the lead in technological innovation by giving importance on identifying business trends to ensure that our
company can stay relevant, running social media campaigns, and beginning to engage in Ecommerce as well. These
tactics will surely help my company to get back on its track.
Name: Garde, Lovelen E. Year & Section: BSBA FM 1-B Date: Sep. 23, 2022 Score:________

Performance Task
Activity # 4 Reflections

Two things I found interesting in Module 4.

1. I found it interesting that SWOT analysis stands at the core of strategic management. In addition, it
is important that strengths and weaknesses are intrinsic value creating skills or assets or the lack
thereof, relative to competitive forces.
2. It is also intriguing that any company undertaking strategic planning will have to carry out SWOT
analysis to establish its current position in the light of its strengths, weaknesses, opportunities and
threats.

How can I maintain or improve my class rank in this subject?

 By applying/committing myself to studying. Taking the time to understand the topics or lessons
taught to us by professors/instructors. As a college student, I must also improve my time
management, handling the assignments given and doing them in advance as to not stack or
confuse them with other course subjects.