3.1.4. SWOT Analysis

Question 1

What does SWOT stand for?

Answer 1

Strengths, Weaknesses, Opportunities, Threats

Question 2

Strengths vs Weaknesses

Answer 2

Strengths = internal advantages; Weaknesses = internal limitations.

Question 3

Opportunities vs Threats

Answer 3

Opportunities = external chances to grow;

Threats = external risks.

Question 4

Purpose of SWOT?

Answer 4

Helps assess internal and external factors for strategic decisions.

Question 5

Limitation of SWOT?

Answer 5

Can be subjective and oversimplify reality.