Author: © Eric Dayal
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Description: A SWOT Analysis facilitates the development of organizational strategies based on the organization's conditions and it's industry conditions. It is not considered a thorough analysis. What is SWOT? SWOT stands for:
- Strengths (internal to the organization) - what the organization does well, core competencies, etc.
- Weaknesses (internal to the organization) - what the organization does not do well.
- Opportunities (external to the organization) - favorable trends in the industry
- Threats (external to the organization) - unfavorable trends in the industry
Tags: Business Strategy
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Date Posted: 2013-12-26 22:02:42