FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -SWOT analysis is a framework for identifying and analyzing your organization’s strengths and weaknesses, as well as the opportunities and threats you are facing.

Detailed explanation-2: -A SWOT analysis is a high-level strategic planning model that helps organizations identify where they’re doing well and where they can improve, both from an internal and an external perspective. SWOT is an acronym for “Strengths, Weaknesses, Opportunities, and Threats.”

Detailed explanation-3: -Therefore a SWOT is a business planning tool while a strategic plan is an overall business proposal for how the company will find its success. Also, a SWOT focuses on a company’s current position while a strategic plan forecasts into the future.

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).

Detailed explanation-5: -SWOT Analysis helps you to identify your organization’s Strengths, Weaknesses, Opportunities, and Threats. It guides you to build on what you do well, address what you’re lacking, seize new openings, and minimize risks. Apply a SWOT Analysis to assess your organization’s position before you decide on any new strategy.