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SWOT analysis is intended quartet is a summary of the internal and external diagnosis results as boycotting the strengths and weaknesses with opportunities and threats. There are four points from which to determine the strategic options of the company :
This matrix allows adapting the company to the requirements as to make the company exploit its strengths in its markets and avoid possible threats and address weaknesses to be able to take advantage of opportunities if they exist and avoid threats if faced.
SWOT Analyis and Wierch TOWS Matrix are used to analyze corpoarte competitiveness
S.W.O.T analysis is that crucial, highly important and a simple tool through which the Management can determine its current standing in the market and based on that, plan its future course of action.
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. This will helps to identify and improve the business.
SWOT analysis means what are the
A S.W.O.T analysis is a widely used decision aiding tool, in a clearer way it can be seen as a tool that helps management professionals make decisions as well as solve problems in there business. This tool looks at all the evaluative qualities of a business, these qualities make up the name of this tool ; Strengths , Weaknesses, Opportunities, Threats these aspects help guide managers onto the basic profile of a business which helps improve the areas that are inflicted. Mostly in my opinion I have found that it is best used when deciding to fix under-preforming sides of the business , as well as give an indication if expansive action is the best option for the future of a business. Hope this answers your question!!
SWOT analysis is an analytical framework developed by the middle of the 1960s for large organizations to determine the strategic fit between an organization’s internal, distinctive capabilities and external possibilities and to priorities actions. SWOT stands for Strengths, Weaknesses, Opportunities and Threats and enables organizations to identify both internal and external influences.
Strengths
Potential factors that make a firm more competitive than its direct competitors;
Weaknesses
Both potential limitations and defects ingrained in an organization and weak factors relative to direct competitors;
Opportunities
Future factors that allow the organization to improve its relative competitive position;
Threats
Those future factors that reduce the firm's relative competitive position.
SWOT's primary objective is to help organizations develop a full awareness of all the factors involved in a decision.
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. The purpose of SWOT analysis is to optimize the organization’s strengths and correct its weaknesses in order to take advantage of external opportunities while countering external threats.
SWOT analysis consists of generating a series of strategic alternatives that could be pursued given the company’s strengths, weaknesses, opportunities and threats in order to select the strategies that will do the best to align the company’s resources and capabilities to the demands of its environment.
SWOT Analysis refers to the organisation's critical assessement of both its short term & long term Strengths, Weaknesses, Opportunities and Threats that may arise or affect the organisation's performance, vision & strategic intent over a period of specified time.
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