The document discusses SWOT analysis and its use as a strategic planning tool. It defines each element of a SWOT analysis: identifying strengths, weaknesses, opportunities, and threats. It then provides an example SWOT analysis of Microsoft, outlining their key strengths as a leading software company, weaknesses in overexposure to the PC market, opportunities in cloud business growth, and threats from aggressive competition. The document concludes that SWOT analysis helps businesses develop strategies by analyzing internal and external factors.