External Factors for SWOT Analysis

Question 1

1st External Factor for SWOT Analysis

Answer 1

economic trends including local, national and international financial trends, developments in the country’s stock market, reforms in the banking system, growth of the Gross Domestic Product

Question 2

2nd External Factor for SWOT Analysis

Answer 2

market trends, such as new products or technology or evolving buyers’ profiles, including changes in tastes and lifestyle behavior

Question 3

3rd External Factor for SWOT Analysis

Answer 3

national and local laws and statutes as well as political, environmental, and

economic regulations

Question 4

4th External Factor for SWOT Analysis

Answer 4

demographic characteristics of the target market such as the age, the
gender, the culture of the customers

Question 5

5th External Factor for SWOT Analysis

Answer 5

relationships with suppliers and co-owners

Question 6

6th External Factor for SWOT Analysis

Answer 6

Competitive threats

Question 7

these are those that affect company, an organization, an individual, and those outside their control

Answer 7

External Forces