The SWOT Method is a strategic planning method that identifies the Strengths, Weaknesses, Opportunities and Threats within a company.
Strengths: The strengths are the most positive elements of a company. They can be used to build on in order to create new opportunities.
Weaknesses: The weaknesses are the most negative elements of a company. They should be improved in order to avoid future problems.
Opportunities: The opportunities are external factors that can help a company grow or improve their current situation.
Threats: The threats are external factors that may have an unfavorable impact on the company's performance or progress.
Strengths: The strengths are the most positive elements of a company. They can be used to build on in order to create new opportunities.
Weaknesses: The weaknesses are the most negative elements of a company. They should be improved in order to avoid future problems.
Opportunities: The opportunities are external factors that can help a company grow or improve their current situation.
Threats: The threats are external factors that may have an unfavorable impact on the company's performance or progress.