The managers of a small bakery,Butter & Batter,decided to do a SWOT analysis to study the strengths and weaknesses within the organization and the external environment.A key benefit of conducting a SWOT analysis is being able to better formulate strategies in pursuit of the firm's mission.

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Conducting a SWOT analysis helps in identifying the internal and external factors affecting the business, which in turn helps in formulating better strategies aligned with the firm's mission.

The Managers of a Small Bakery,Butter & Batter,decided to Do