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Business 115 : Introduction to Business: Companies

Find Information about a Business

SWOT Analysis

SWOT = Strengths, Weaknesses, Opportunities, Threats

From a business perspective, the SWOT analysis identifies and assesses:

  • The business unit's strengths and weaknesses including its source of competitive advantage.
  • The primary opportunities and threats in the market and industry

The justified SWOT matrix is a foundational element of the Marketing Plan and it leads to a plan's Goals and Objectives.

SWOT Analyses in Business Source Premier

SWOT Analysis Video