Respond to the following in a minimum of 175 words:
As a health care manager, why would you complete a SWOT analysis in conjunction with the business plan? Provide examples.
SWOT analyses are used in all types of industries and are useful when creating a strategic plan, business plan, or making a business decision.
Analyze and discuss how a SWOT analysis is performed in which you:
- Summarize a SWOT analysis.
- Explain factors that can influence or bias a SWOT analysis.
- Explain the importance of a SWOT analysis in strategic planning in health care.