Chapter 1: SWOT Flashcards
1
Q
Purpose of SWOT Analysis
A
Evaluates project position
2
Q
Strengths
A
Internal/helpful
Core competencies
Market leaders
cost advantages
3
Q
Weaknesses
A
Internal/harmful
Lack of strategic direction
Obsolete technologies
Outdated product line
4
Q
Opportunities
A
External/helpful
Increase in demand
Expanded product line
5
Q
Threats
A
External/harmful
New entrants
Substitute products