SWOT Analysis

Ace your homework & exams now with Quizwiz!

Uses of SWOT Analysis [List]

-Setting objectives -Analysis of existing strategies -Developing new strategies -Problem solving -Competitor evaluation -Product evaluation -Brainstorming meetings

SWOT Analysis [Explain]

A study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats in order to achieve its goals.

Opportunities [Explain]

Opportunities are external factors that help the organization achieve its objectives.

Preparing a SWOT analysis [Explain]

Preparing a SWOT analysis starts by defining the objective/goal of a project or business activity and identifies the internal and external factors that are important to achieving that objective

Strengths [Explain]

Strengths are internal attributes of the firm that are helpful to the organization to achieving its objective.

SWOT [Write out]

Strengths, weaknesses, opportunities and threats.

Threats [Explain]

Threats are external factors that are harmful to the organization to achieving its objective.

Weaknesses [Explain]

Weaknesses are internal attributes of the firm that are harmful to the organization to achieving its objective.


Related study sets

Medications Pharm Midterm (TB, Burns)

View Set

Penny's Book Chapter 3 Review Questions- The Gallbladder

View Set

Chapter 12: Bioenergetics and Regulation of Metabolism

View Set

The Federal Regulations - SBE (ID 502)

View Set

Managerial Marketing Exam 1 Practice questions

View Set