lksejkdkj5761 lksejkdkj5761
  • 16-01-2020
  • Business
contestada

How do the individual components of a SWOT analysis work together to determine the status of a company?

Respuesta :

stanfordgoddy stanfordgoddy
  • 17-01-2020

Explanation:

SWOT Analysis is an acronym meaning Strengths, Weaknesses, Opportunities and Threats analysis.

Remember;

  • Strengths are internal,
  • Weaknesses are internal, while
  • Opportunities and Threats are external in nature.

Therefore, by identifying a company's strengths, then using the strengths to utilize opportunities available, at the same time reducing the Company's weaknesses by discovering threats affecting the growth and development of the company would help determine the status of a company.  

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