SWOT analysis is an acronym of strengths, weaknesses, opportunities, and threats. A company should always know its strengths, weaknesses, opportunities, and threats. An analysis of the things mentioned above reveals what factors or forces work in favour or against the company on the market. These factors can be internal or external, or both. Here, we must bear in mind that in SWOT, strengths, and weaknesses may be checked in, but the opportunities and threats external to the company and in most cases, are beyond the control of the company.
If you are assigned with a SWOT Analysis Assignment, you must ensure that you discuss all factors with proper guidelines. The internal and external factors of SWOT Analysis should be addressed properly.
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