Error
During update the parameter LOG_ARCHIVE_DEST_1 getting the following errors:

SQL> alter system set log_archive_dest_1='C:\oracle\archive' scope=both;
alter system set log_archive_dest_1='C:\oracle\archive' scope=both
*
ERROR at line 1:
ORA-02097: parameter cannot be modified because specified value is invalid
ORA-16024: parameter LOG_ARCHIVE_DEST_1 cannot be parsed


Cause
Syntax of updating the location for LOG_ARCHIVE_DEST_1 is added with LOCATION keywords.

Solution
Use the LOCATION keyword to specify the location in LOG_ARCHIVE_DEST_1 Parameter

SQL> alter system set log_archive_dest_1='LOCATION=C:\oracle\archive' scope=both;
System altered.