SWOT analysis Flashcards
1
Q
What is S in SWOT
A
Strength
Internal feature of the position of business i.e. may include good cashflow, good distribution network
2
Q
What is W in SWOT
A
Weakness
Internal weaknesses of a business for example weakened brand due to several product recalls
3
Q
What is O in SWOT
A
Opportunities
Positive potential in the external environment i.e. new markets opening post economic recovery