1. SWOT analysis is a process used to evaluate an organization's strengths, weaknesses, opportunities, and threats. It involves identifying internal strengths and weaknesses as well as external opportunities and threats.
2. The document provides examples of potential strengths, weaknesses, opportunities, and threats for an organization. Strengths are internal attributes that provide a competitive advantage. Weaknesses are internal limitations compared to competitors. Opportunities are favorable external factors, while threats are unfavorable external factors.
3. Examples of each category are given such as marketing expertise as a strength, lack of marketing expertise as a weakness, developing new markets as an opportunity, and new competitors as a threat.
1. SWOT analysis is a process used to evaluate an organization's strengths, weaknesses, opportunities, and threats. It involves identifying internal strengths and weaknesses as well as external opportunities and threats.
2. The document provides examples of potential strengths, weaknesses, opportunities, and threats for an organization. Strengths are internal attributes that provide a competitive advantage. Weaknesses are internal limitations compared to competitors. Opportunities are favorable external factors, while threats are unfavorable external factors.
3. Examples of each category are given such as marketing expertise as a strength, lack of marketing expertise as a weakness, developing new markets as an opportunity, and new competitors as a threat.