Prepare a SWOT strengths Weaknesses Opportunities and threat
Prepare a SWOT (strengths, Weaknesses, Opportunities, and threats) analysis of an organization answering the following questions: What are the organization\'s strengths and weaknesses? What are several of the potential opportunities and threats facing the organization? List 4 items with explanation for each area
Solution
when compares to competitiors, the characteristics which gives positives to an organization is called strengths. examples: good brand name, high skilled employees, strong sales net work and ability to meet changes in market quickly.
weakness: may be anything which leads to come down the position of the firm in the market. examples: unskilled people, lesser flexilibility, no diversification and poor quality products.
opportunities: are the chanceswhere a firm can utilize them and become good player in the market. examples: demand for the product in market, less comeptition, expand to new markets and start new ventures.
threats: which lags the organisation to down and these are the problems faced by the organisation. if it overcome these problems then it becomes the market leader. examples: huge competition, less demand for the product, lesser flexibility and poor sales force.
