Wk 3 Individual: Strategic Plan, Part 2: Internal Environmental Analysis

Wk 3 Individual: Strategic Plan, Part 2: Internal Environmental AnalysisNameCourseTutor’s NameDatePart 2: Internal Environmental AnalysisInternal EnvironmentStrengths, weaknesses, opportunities and threats (SWOT) analysis is a valuable tool for scanning the internal environment of an organization in order to develop strategies based on exploiting the strengths, resolving the weaknesses, exploiting opportunities and militating against threats. StrengthsAcorda Therapeutics Inc. is reputed for its ability to succeed in new markets. The company has internal capability to successfully enter new markets and broadened its market. This capability enables the company to militate against cyclical economic fluctuations in the home geographic region CITATION Aco18 \l 7177 (Acorda Therapeutics, 2018). Acorda Therapeutics Inc. has strong brands in the US and other geographical regions where patents are protected. Brands such as Ampere and Inbrija have a global reputation has earned the company public trust that can be transferred to new products. The third strength is the company’s ability to innovate and develop new products in its research and development programs. Using a highly skilled and motivated workforce the company has developed biotechnology-based solution for many health problems