SWOT Analysis

SWOT is acronym for:

• Strengths, Weaknesses, Opportunities and Threats

• Strengths, Weaknesses, Opportunities and Tricks

• Strengths, Wellnesses, Opportunities and Threats

About SWOT Analysis, which of the following affirmations is true:

• Opportunities and Threats are internal factors and both are positive

• Strengths and Weaknesses are external factors and both are negatives

• Strengths and Opportunities are positive factors while Weaknesses and Threats are negative

Which of the following points are examples for Strengths:

• Competitive advantages, Innovative aspects, Deadlines and Pressures

• Innovative aspects, Global influences and Weather effects

• Unique Selling Points (USP’s), Competitive advantages and Innovative aspects

Which of the following points are examples for Threats:

• Global influences, Competitors' vulnerabilities and Own known vulnerabilities

• Obstacles faced, Loss of key staff and Competitor intentions

• Business and product development, New target markets and Internal disadvantages

A successfully conducted SWOT analysis involves identifying the following aspect:

• Making SWOT analysis once and not apply it again.

• The things the company does particularly well (strengths) or badly (weaknesses) at present.

• Omitting the negative variables (Weaknesses and Threats) and only allow the positive ones (Strengths and Opportunities)