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SWOT Analysis (Strengths (Examples - Within the internal the environment-…
SWOT Analysis
Strengths
A business will focus on all positive aspects of the operations. Any points made clear can be expanded and made clear further for clarification.
Examples - Within the internal the environment- This means there are factors a business control over.
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What?
Focuses on all positive aspects and the external parts of its operations. Due its simple form analysis can be performed quickly by individual teams as a business tool.
Weaknesses
The weak elements of a business must be identified so that they can be turned into strengths. This aspect of the business can be involved as a honest response. All business's are vulnerable so a team must identify the vulnerabilities with a view of making the positive in the future.
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Internal Weakness's-Qs:
What assets does the business lack?
Does the business have limited resources?
Is the business in a poor location?
External Weakness's
What opportunists exist in the market?
Is the business reputation important?
Is the opportunity ongoing ?
External Threats:
Are there new potential competitors?
Are there issues with the availability?
Are products becoming Obsolete.