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Posted: April 13th, 2023
Tows
Create a TOWS Matrix and a final draft of your term project. Your papers MUST include the following:□Write an executive two-page (max.) summary to begin your report (new material). The summary should be easy to read and present your strategic choice recommendation. Recommend a strategy for your firm and justify it using the research results that you presented throughout your course assignments. The strategy chosen should make sense for your firm. The basic questions that you want to answer with this section is; “What is my recommendation for my company to do strategically?”, and “How did I come to this conclusion?” The executive summary should begin your term project.
□TOWS Matrix (new material): Evaluate the internal Strengths and Weaknesses, and the external Threats and Opportunities facing your chosen firm. Your TOWS analysis should be the final section of your project and should discuss the strategies that you created through matching Strengths and Weaknesses to Opportunities and Threats. Since the factors are already discussed in your EFE and IFE, the important thing with this tool is to combine internal and external factors in a logical way in selecting strategies that you will recommend per our class discussion. Please justify the strategies chosen as completely as possible in two or three pages following the TOWS matrix under individual headings. In your discussion a complete description will include the type of strategic option and a brief description and justification of the option.
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