SWOT Analysis Flashcards

1
Q

What does SWOT stand for?

A
  • Strengths (Internal)
  • Weaknesses (Internal)
  • Opportunities (External)
  • Threats (External)
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2
Q

What does SWOT aim to discover?

A
  • What the business does better than the competition
  • What competitors do better
  • Whether it is making the most of the opportunities
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3
Q

Using SWOT analysis

A

There is no point using a swot analysis unless it is actioned. It is an analytical technique.

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