State five ways a swot analysis can help in stategic planing

Five ways a swot analysis can help in strategic planing:

1. It establishes the most relevant external threats that the company faces in the market.

2. It establishes the most relevant external opportunities that the company has in the market.

3. It establishes the most important internal strenghts that the company can take advantage of.

4. It establishes the most important internal weaknesses that the company should be wary of.

5. It matches these four elements, two at a time, in order to guide the strategic planning process.

-the personal ownership of property

-the influence of consumer demand

explanation:

the command economy prohibits the personal ownership of property.

basically, command economy is defined as the system where a nation’s government is the one that makes all the decisions when it comes to its economy. the government is the one who controls the production of goods and services and regulates the prices and salaries.

therefore, since that the government is the authority, then all kinds of personal ownership of property is prohibited by them.