If you're wondering what a SWOT analysis is, it is a strategic planning tool to evaluate a product, process or strategy in business.
SWOT stands for:
Strengths
Weaknesses
Opportunities
Threats
For example, if you did a SWOT analysis for a cell phone,
Strengths: Portability, availability, communication tool, entertainment tool, connectivity
Weaknesses: Battery life, availability to others outside of business hours, durability, coverage area limitations
Opportunities: smaller sizes, better battery life
Threats: Newer technologies, obsolescence, rapid product turnover
Hope this helps.
2006-11-09 11:29:01
·
answer #1
·
answered by DMShaykz 2
·
0⤊
0⤋
STRENGHTS
WEAKNESSES
OPPORTUNITIES
THREATS
Done as 4 corner model and the idea is you identify all factors as either S W O T and try to change weaknesses to strengths and threats to opportunities
2006-11-09 11:23:23
·
answer #2
·
answered by Anonymous
·
0⤊
0⤋