Business Studies, asked by singhsaurav8839, 11 months ago

Significance of swot analysis in strategic planning

Answers

Answered by Sumanthsai313

2

Answer:

SWOT stands for strengths, weaknesses, opportunities and threats. A SWOT analysis is important to strategic planning in identifying key internal and external influences that are responsible for your company's current position, and that favor and inhibit the prospects of moving it to where you want it to be.

Previous Question

Next Question

Similar questions

Math, 6 months ago

1. What are the different communication instances in the story? 2. How did each communication scenario develop? 3. Did a conflict arise in the story? What kind of conflict is it? Did it affect the communication process? How did the rest of the family members react to it? 4. How can we establish a good communication? 5. What is the importance of communication in our daily life?

Hindi, 6 months ago

कैस्टन को लंगड़ कौत बोलता था ?

Math, 6 months ago

2025 in short divide method...

Math, 11 months ago

Convert the decimals into fractions. a) 0.12 b) 5.151 c) 12.3 d) 52.008...

English, 11 months ago

Significance of storm scene in the tempest...

History, 1 year ago

How does trade contribute to the wealth of a city...

Computer Science, 1 year ago

What is the first stage of the compilation process? select one: a. compilation b. post-processing c. pre-processing d. linking?

Social Sciences, 1 year ago

What is the difference between mahalwari system and permanent settlement?