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SWOT analysis can be carried out for a company, product, place, industry, or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective
Thank you for the invitation. In order to know the strengths, weaknesses, opportunities, and threats for the company, a SWOT analysis is required to bring stabilization into an organization.
It helps to list our strengths, weaknesses, opportunities, and threats. These lies with in the company to analyze strengths and weaknesses.
Whenever there is a need to assess strategic position of an organisation, SWOT analysis performed to determine the factors from external and internal environment of an organisation that may hinder organisation's ability to implement its strategy to achieve its objectives.
in a very precise wording, "SWOT Analysis" is necessary for any organization to be fully aware of all its strengths, weaknesses, opportunities and threats upon setting up its successful strategy.
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Strengths * Weaknesses * Opportunities * Threats
Strategic Position – SWOT Analysis – Strategic Direction !
Short answer !