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picture1_Swot Analysis Ppt 75783 | Businessreview24 2 Swot Analysis


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File: Swot Analysis Ppt 75783 | Businessreview24 2 Swot Analysis
what is a swot analysis swot analysis is a strategic tool that a business can use to analyse its current position and the external factors that might affect it swot ...

icon picture PPTX Filetype Power Point PPTX | Posted on 02 Sep 2022 | 3 years ago
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   What is a SWOT analysis?
   SWOT analysis is a strategic tool that a business can use to analyse its 
   current position and the external factors that might affect it. SWOT stands 
   for strengths, weaknesses, opportunities and threats.
            
   Hodder & Stoughton © 2017
   Strengths
   These are areas where you do well, or advantages for your organisation.
   A key starting point for a SWOT is the strengths of the business. These are 
   internal factors that the business has identified and could include examples 
   such as:
        patents or copyright
        strong sales growth
        high market share
        low levels of debt
        USP
   Hodder & Stoughton © 2017
   Weaknesses
   These are areas to improve. The weaknesses will also be internal and 
   should focus on areas that are currently a problem for the business.  
   Examples of weaknesses may include:
    poor cash flow
    quality issues
    low stock levels
    poor reputation
   Hodder & Stoughton © 2017
   Opportunities
   These are external factors that may contribute to your organisation and can 
   build up your strengths.
   These relate to external factors that are outside the direct control of the 
   business. They are positive factors that could happen some time in the 
   future.
   For example, a change to legislation means that the business could 
   operate for more hours and potentially increase revenues.
   Hodder & Stoughton © 2017
   Threats
   These are potential problems/risks caused by external factors that your 
   organisation may face.
   These relate to external factors that are outside the direct control of the 
   business. They are often in the future and are hypothetical risks that could 
   create problems.
   For example, a new competitor enters the market and undercuts your 
   prices.
   Hodder & Stoughton © 2017
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...What is a swot analysis strategic tool that business can use to analyse its current position and the external factors might affect it stands for strengths weaknesses opportunities threats hodder stoughton these are areas where you do well or advantages your organisation key starting point of internal has identified could include examples such as patents copyright strong sales growth high market share low levels debt usp improve will also be should focus on currently problem may poor cash flow quality issues stock reputation contribute build up relate outside direct control they positive happen some time in future example change legislation means operate more hours potentially increase revenues potential problems risks caused by face often hypothetical create new competitor enters undercuts prices...

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