![]() ![]() In other words, it is the foundation for evaluating the internal potential and limitations and the probable/likely opportunities and threats from the external environment. Its key purpose is to identify the strategies that will create a firm specific business model that will best align an organizations resources and capabilities to the requirements of the environment in which the firm operates. SWOT Analysis is the most renowned tool for audit and analysis of the overall strategic position of the business and its environment. Also, by definition, Opportunities (O) and Threats (T) are considered to be external factors over which you have essentially no control. ![]() By definition, Strengths (S) and Weaknesses (W) are considered to be internal factors over which you have some measure of control. ![]() SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |