SWOT analysis

The SWOT analysis is an extremely useful tool for understanding and decision-making for all sorts of situations in business and organizations. SWOT is an acronym for Strengths, Weaknesses, Opportunities, Threats. SWOT analysis is perfect for business planning, strategic planning, competitor evaluation, marketing, business and product development and research reports. The SWOT analysis enables companies to identify the positive and negative influencing factors inside and outside of a company or organization.