BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -What Is SWOT Analysis? SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company’s competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential.

Detailed explanation-2: -What Is SWOT Analysis And Example? SWOT means Strengths, Weaknesses, Opportunities, and Threats. It’s a method for finding, analyzing, and documenting your company’s internal strengths and weaknesses within your control and external opportunities and threats that can affect the realization of your marketing objective.

Detailed explanation-3: -A key component of marketing and strategic planning is conducting a SWOT analysis. SWOT is the acronym for analyzing Strengths, Weaknesses, Opportunities, and Threats, and is an effective tool for developing an overall marketing strategy or planning individual campaigns.

Detailed explanation-4: -A SWOT analysis helps you assess internal factors that might affect your business (strengths and weaknesses) and external factors (opportunities and threats). You will need to review and act on the results from the SWOT analysis.

Detailed explanation-5: -To respond effectively to changes in the environment, it is important to understand external and internal contexts to develop a vision and a strategy that link the two. The purpose of the SWOT analysis is to provide information on an organization’s strengths and weaknesses in relation to the opportunities and threats.