Business Studies, asked by saifahmed61, 1 year ago

important of sowt analysis

Answers

Answered by Abhi4091
3
swot analyses is a strategic planning techniques used to help a person or organisation identify the strengths weaknesses opportunities and threats related to business competition or project planning
Answered by noor0
1
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→ Importance of SWOT Analysis

The initial phase in the business administration SWOT analysis is recognizing key strengths of an organization. These strengths can incorporate a strong brand picture, a lot of working capital, a great status among consumers and even strong dissemination systems. Strength is fundamentally any benefit that an organization has over its real rivals. Nevertheless, companies ought to additionally break down the strengths of their rivals too, which gives a superior appraisal of how an organization can possibly get along in the marketplace.

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