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What is Importance of SWOT Analysis Explained about?

SWOT analysis is a tool used to evaluate the strengths, weaknesses, opportunities, and threats involved in a project or business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. These factors are categorized as strengths, weaknesses, opportunities, and threats. The analysis matches the strengths to opportunities, and weaknesses to threats, to formulate a strategy.

Author

ᎩᎧᎶᏋᏕᏂ ᏠᎧᏕᏂᎥ

Language

EN