Author Topic: SWOT Analysis  (Read 4 times)


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SWOT Analysis
« on: July 31, 2020, 04:43:43 pm »
SWOT Analysis is a key part of any business and strategic plan. SWOT analysis helps
business in developing strategy by making sure that we have considered all of our
business strengths and weakness as well opportunities and threats in the market place.
SWOT stands for:-
S ? Strengths
 What do we do exceptionally well?
 What advantage do we have?
 What internal resources do you have?
W ? Weaknesses
 What could we do better?
 What are we criticized for or received complaint for?
 Does business have limited resources?
 What area we need improve to accomplish the business objective?
O ? Opportunities
 What are the opportunities do we know about, but have not addressed till date?
 Are these emerging trends on which we can capitalize?
T ? Threats
 Who are your existing or potential competitors?
 What are the factors beyond your control that could place your business at risk?
 What external road blocks exist that block our process?
 Are economic conditions affecting our financial viability?