SWOT Analysis
SWOT Analysis is a framework wherein it evaluates the internal and external factors of the business in attaining its objectives. It is very useful when generating an effective strategic plans or alternatives. SWOT is the acronym for Strengths, Weaknesses, Opportunities and Threats. It defines for different aspects of the situation within the business itself. SWOT analysis is a tool that can be used by the managers by reviewing the organization’s strengths, weaknesses, opportunities and threats, then a helpful and concrete strategy can be formulated in order to ensure that the…
Read More