Question

When creating a business analysis of a product, what should the marketing team consider?
advertising needs, stakeholder input, and a SWOT analysis
the company's mission statement, their budget, and a cost appraisal
an investment appraisal, positive and negative factors, and a project brief
a code of ethics, a usage policy, and a mission statement

Answer 1

The SWOT analysis is an extremely useful tool for understanding and decision-making for all sorts of situations in business and organisations.

SWOT is an acronym for Strengths, Weaknesses, Opportunities, Threats. Information about the origins and inventors of SWOT analysis is below. The SWOT analysis headings provide a good framework for reviewing strategy, position and direction of a company or business proposition, or any other idea.
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