Individual Strategic Plan, Part II: SWOTT Analysis Conduct an internal and external environmental analysis for your proposed business. Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today’s business environment and each Learning Team members’ selected business idea, provide a list of the lessons learned from your Learning Team’s discussion for each of the items listed below. Use this discussion to complete this assignment. Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table. • External forces and trends considerations: o Legal and regulatory o Global o Economic o Technological o Innovation o Social o Environmental o Competitive analysis • Internal forces and trends considerations:

In a 2-3 page paper, describe the seven different types of consumer promotions, and use one product to illustrate all of them. Which one do you believe is most effective for the product you selected and why.

Find a website that shows an example or application correlation or regression in the area of your interest or in your profession. Discuss how correlation or regression was used, summarize your findings in apx 75-100 words