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Undertake SWOT Analysis To Arrive at Your Business Idea of A Product/services

SWOT analysis is a framework that evaluates a company's competitive position by assessing internal strengths and weaknesses as well as external opportunities and threats. It provides a realistic, fact-based look at an organization to better understand how to leverage strengths, address weaknesses, seize opportunities, and mitigate threats. Companies should use SWOT analysis as a guide for strategic planning rather than prescription.

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327 views

Undertake SWOT Analysis To Arrive at Your Business Idea of A Product/services

SWOT analysis is a framework that evaluates a company's competitive position by assessing internal strengths and weaknesses as well as external opportunities and threats. It provides a realistic, fact-based look at an organization to better understand how to leverage strengths, address weaknesses, seize opportunities, and mitigate threats. Companies should use SWOT analysis as a guide for strategic planning rather than prescription.

Uploaded by

rohit
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Undertake SWOT analysis to arrive at your business idea of a

product\services

SWOT

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.

A SWOT analysis is designed to facilitate a realistic, fact-based, data-driven look at the strengths
and weaknesses of an organization, its initiatives, or an industry. The organization needs to keep
the analysis accurate by avoiding pre-conceived beliefs or gray areas and instead focusing on
real-life contexts. Companies should use it as a guide and not necessarily as a prescription.

A SWOT can help you better understand how to play to your strengths and manage your
weaknesses, as well as uncover opportunities for growth and eliminate threats that could keep you
from moving forward.

SWOT means strengths, weaknesses, threats, and opportunities.

Strength

 Consistency.

 Hard Work.

 Plan for future.

 Confidence.
Weakness

 Emotional
 Not good enough handwriting

Opportunities
 Growth of knowledge
 Improve handwriting
Threats

 Poor economic
 Poor knowledge of accountings

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