Final answer:
Option b) Identify the company's alignment of vision, mission, values, and strategy is not a part of the SWOT analysis.
Step-by-step explanation:
The step that is not a part of the SWOT analysis is b) Identify the company's alignment of vision, mission, values, and strategy. SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats. It is a strategic planning tool used to evaluate a company's internal strengths and weaknesses, as well as identify external opportunities and threats. The remaining options in the question are all steps in conducting a SWOT analysis. Identifying company weaknesses and competitive deficiencies, identifying company strengths and competitive assets, and identifying external threats to the company's future profitability are all necessary components of a SWOT analysis.