BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A SWOT analysis is used to strategically identify areas of improvement or competitive advantages for a company. In addition to analyzing thing that a company does well, SWOT analysis takes a look at more detrimental, negative elements of a business.

Detailed explanation-2: -Threats. Threats include anything that can negatively affect your business from the outside, such as supply-chain problems, shifts in market requirements, or a shortage of recruits. It’s vital to anticipate threats and to take action against them before you become a victim of them and your growth stalls.

Detailed explanation-3: -SWOT analysis provides an organization a clear view of its strengths, allowing it to build on them and meet business objectives. Highlights weaknesses and provides analysts a chance to reverse them. Showcases possible opportunities that lie ahead.

Detailed explanation-4: -Turning threats into opportunities can be done but it requires the right mindset, willingness to take risks and a team passionate about delivering results. Below is a case study that outlines how Ingersoll Rand’s Digital Marketing Team turned a threat into an opportunity.