S=Strengths
W=Weaknesses
O=Opportunities
T=Threats
SWOT analysis can identify the positives and negatives inside(internal) your organization from Strenghts & Weaknesses. And outside(external) of it, from Opportunities & Threats. Best practice can help most in strategic planning and decision making.
Best time, When do you use SWOT?
- Make decisions from what you initiate.
- Made the best choices among the juntion.
- Explore new efforts or problems solution.
- Iniate new idea.
More about SWOT analysis, interal factors (Strengths and Weaknesses) and external factors (Opportunities and Threats)...pls read for your next exam!
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