Business Studies, asked by kukubahikuku3178, 11 months ago

Define swot .How you will convert weakness into strength.

Answers

Answered by mehrin18
36

A Strengths, Weaknesses, Opportunities, Threats (SWOT) analysis is often a necessary step at the beginning of a strategic planning process.

A SWOT offers great guidance in how a strategic plan is constructed, and keeping your SWOT up-to-date is instrumental in ensuring a plan stays relevant to the environment that a company operates within.

Prudent treatment of a SWOT in the planning process has the power to convert weaknesses into strengths and threats into opportunities during execution. In fact, this is exactly what your plan’s measurements should be communicating.

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Answered by presentmoment
15

SWOT:

  • SWOT is an analysis framework which is used to evaluate or find the competitive stand of the company and to make a plan accordingly.
  • SWOT is an acronym for Strength, Weakness, Opportunity, and Threat. It makes an assessment of all internal and external factors along with current and future prospects.
  • The analysis of individual personal growth can also be done using SWOT.

We can convert weakness into strength by:

  • The weakness analyzed can be converted into a strength by identifying them and then making possible plans and actions for removing those weaknesses.
  • For instance, one may have the weakness of getting anxious if he is unable to meet his deadline.
  • This can be converted into a strength by breaking the work into smaller targets and accomplishing it in a predefined time.

Learn more about SWOT:

Can anyone tells me about the swot analysis and its examples????​

https://brainly.in/question/11587463

Compare and contrast swot analysis with portfolio analysis

https://brainly.in/question/10842108

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