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QSO 489 2-2 Milestone One: Begin Work

Here you can read our FREE Guide on QSO 489 2-2 Milestone One: Begin Work and its solution.

Instructions of QSO 489 2-2 Milestone One: Begin Work

Overview

You should spend a considerable amount of time during Module Two researching your focal company and beginning the SWOT analysis for Milestone One, which is due in Module Three.

For additional details, please refer to the Milestone One Guidelines and Rubric and the Final Project Guidelines and Rubric.

Step-By-Step Guide QSO 489 2-2 Milestone One: Begin Work

Recap

Previously, in QSO 489 2-1 Discussion, we discussed the Critique of SWOT for the chosen company, where we explored SWOT strategies and ways to undergo SWOT Analysis. Critical areas of QSO 489 2-1 Discussion included the following:
  • Understanding of SWOT analysis
  • Strengths and weaknesses of SWOT 
  • Best practices to adopt.
  • Common pitfalls and how to avoid them.
For QSO 489 2-2 Milestone One: Begin Work, we will explore how to analyze the SWOT of our chosen company.

Introduction to QSO 489 2-2 Milestone One

This How-To Guide is designed to assist you in conducting comprehensive research on your chosen company and initiating a SWOT analysis as part of your capstone project in Operations Management. The focus for Module Two is to deepen your understanding of the focal company, setting the groundwork for a thorough SWOT analysis, which you will present in Milestone One, due in Module Three.

Key Information

To understand QSO 489 2-2 Milestone One: Begin Work, we will investigate the research to collect essential information required for SWOT. The information includes the following: 
  • Collect company background data, current market position, financial health, and operational strategies.
  • Build a solid foundation of knowledge about the company to inform your SWOT analysis.
  • Utilize diverse sources such as the company’s reports, financial statements, industry analysis, and news articles.
  • Ensure the information is accurate, current, and comprehensive.

SWOT Analysis

To finally undergo a SWOT analysis for QSO 489 Final Project, we need to complete the following requirements:
  • Identifying Strengths and Weaknesses: Analyze internal factors such as resources, capabilities, and processes. Determine what the company does well and where it can improve.
  • Identifying Opportunities and Threats: Examine external factors like market trends, competitive environment, and regulatory changes. Identify potential areas for expansion and external challenges that could impact the company.
  • Compiling and Organizing Data: Organize the collected information logically to support the development of your SWOT analysis. Facilitate easy retrieval and use of information for drafting the Milestone One report.

Closing

Successfully researching and beginning the SWOT analysis for your focal company during QSO 489 Module Two is crucial for setting a strong foundation for your capstone project. This early effort in understanding the company’s internal dynamics and external environment will provide valuable insights that will enhance the quality of your analysis in QSO 489 2-2 Milestone One: Begin Work. The process will improve your analytical skills and deepen your understanding of effective operations management.

Precap

In the upcoming module QSO 489 Module Three Discussion, we will briefly overview our chosen company and selected challenges. We will also list and briefly describe the strengths, weaknesses, opportunities, and threats that are the focus of your analysis.

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