(Answered) : Swot Analysis Technique Used Determine Firm S Appropriate Strategy Given External Environm Q35183853

A SWOT analysis is a technique that is used to determine afirm’s appropriate strategy given its external environment and itsinternal capability.

Use a SWOT analytical framework:

a) to identify and describe the opportunity/threat

b) to identify and describe the strength/weakness, and

c) to recommend an appropriate strategy

Subsistence Farmer

A subsistence farmer who cultivates maize has been assured bythe Government of the Republic of Zambia that the Food ReserveAgency will buy all the maize grown. In addition, many briefcasebusinessmen have approached the subsistence farmer and have offeredto buy all his maize and have even indicated to him that they arewilling to buy the maize in advance.