SWOT Analysis Flashcards
1
Q
What does SWOT stand for?
A
Strengths, Weaknesses, Opportunities, Threats
2
Q
What can be analyzed internally using SWOT?
A
Strengths or Weaknesses
- Must be about the company
- Must be within the control of the Company
- Must be a comparison against the competition (better or worse)
3
Q
What can be analyzed externally using SWOT?
A
Opportunity or Threats
- Must be external to the company
- Is not within the control of the Company
- Must exist in the absence of the company