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Watch any Shark Tank episode that aired within the last three seasons.  Shark Tank airson ABC and is available on YouTube and in many other places such as Hulu, On Demand,etc.Prepare a written assignment (typed and double spaced)  which addresses each of thefollowing requirements.  All written assignments should follow APA guidelines.  Click herefor APA resources.Part of the grading rubric is the quality of your writing so please proofread carefully andpay close attention to proper grammar, spelling, and punctuation.  It is encouraged toutilize and/or the Writing Centers available on each FSW campus.REQUIREMENTS:1.  A description of the show.  What is its purpose?  Which season/episode did you view?2.  A summary of each deal presented that includes a brief business description, the amount offunding requested, the percentage (%) of equity offered to the venture capitalists (the Sharks) bythe owner(s), and what deal was ultimately accepted (or rejected).3.  For each deal, include qualitative assessments using SWOT analysis (see below) to identifythe strengths and weaknesses of the management team and business strategy as identified by theSharks.  What was positive about the business or deal?  What were the issues raised by theSharks?  How will this deal or the planned business strategy affect the roles of the management,finance and marketing functions in the business.4.  What did you learn from this assignment?STRATEGIC PLANNING  USING SWOT ANALYSIS:  Planning is the managementfunction that drives all other functions. It must come first in the management cycle as allother functional decisions are based on the plan. As a result, it is the most importantfunction.  Strategic planning is what determines the long-term goals and the course(s) ofaction that the firm will take to accomplish its objectives.  Because strategic planning issuch an important issue it is usually reserved for the most senior management.  One of themost widely used tools by management is the SWOT analysis. This tool directs the managerto data and questions that can then be worked into strategic plans.  The chart below gives avisual picture as to SWOT works.


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