Skip to main content

SWOT Analaysis

Are you always heard about SWOT analysis... basically the business industry will highlighted about this topic towards their own business activities.

SWOT analysis is one of the techniques in understanding the business strength, weakness, opportunities and threats. SWOT.


Strength and Weakness (Internal Forces) 

STRENGTH is defined as anything internal to the company that may lead to an advantage relative to competitors and a benefit relative to customers.

WEAKNESS is defined as anything internal that may lead to a disadvantage relative to competitors and customers.

Opportunities and Threats (External Forces)

OPPORTUNITIES refers to conditions in the external environment that when exploited by the company, can help a company achieve its objectives.

THREATS refer to conditions in the external environment that can prevent an organization from achieving its objectives.




Comments

Popular posts from this blog

INTRODUCTION to STRATEGIC MANAGEMENT

Okay, now we go through chapter 1 on strategic management about the introduction of this subject. 1.1 Strategic management means about drafting, implementing and evaluating cross-functional decisions that will enable an organization to achieve its long-term objectives. Strategic Management Process: 1) Strategic Formulation 2) Strategic Implementation 3) Strategic Evaluation  1.2 STRATEGY   A strategy is concerned with integrating company activities and allocating resources, so that the present objectives can be met. 1.3 PLANNING Planning is a process of preparing ways to use resources more economically and efficiently, so that the purpose of the company is achieved.  Set a goals also involve in planning activities. 1.4 Corporate Planning The terminologies corporate planning and long-term planning are often used interchangeably with the terminology "strategic planning".