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BSBSTR602 DEVELOP ORGANISATIONAL STRATEGIES 18332 ERWANTO TASK ONE 1. Give three (3) examples of risks that should be considered in developing and implementing strategic plans.
b.
2. Give two (2) examples of risk management strategies that can be used when developing and implementing strategic plans.
3. Give an example of a risk management strategy that can be used to manage intellectual property risks inherent in strategic planning.
4. Outline the benefit of conducting a SWOT analysis as part of a strategic planning process and how a SWOT analysis is conducted.
Swot analysis will also help the organization to improve its operations. When the management team looks at the company’s weaknesses, it is not to assign blame for past shortfalls in performance. It is to identify the most critical areas that need to be improved in order for the business to more effectively compete.

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