HCM 481 CSU Healthcare Concepts and Practical Applications Strategic Analysis

I’m studying for my Health & Medical class and don’t understand how to answer this. Can you help me study?

OPTION #1: SWOT AND PEST ANALYSIS

For this assignment you will compare and contrast, as well as assess the usefulness of SWOT and PEST analyses, which are frequently used by healthcare organizations in their strategic planning efforts. Your paper is expected to briefly describe each tool and explain how each is used in formulating strategy. In addition, you must describe the strengths, limitations, and challenges of each.

The paper should be well-written and meet the following requirements:

• 3-4 pages in length (excluding title and reference pages),
• Formatted according to the CSU Global Writing Center (Links to an external site.), and
• Include at least three current references from peer-reviewed articles. The CSU Global Library is a good place to find peer-reviewed articles.