SWOT analysis is a framework used to evaluate a company's competitive position by assessing internal strengths and weaknesses as well as external opportunities and threats. It involves identifying core strengths, weaknesses, opportunities, and threats to conduct a fact-based analysis and generate new strategic ideas. A SWOT analysis of Coca-Cola in 2015 noted strengths like its famous brand but also weaknesses such as growing interest in healthy beverages and threats such as foreign exchange rate fluctuations.