SWOT analysis and its advantages

[nurnobi40]

Before we start, don't be fooled : SWOT and FODA are the same thing. The first question is answered in the first sentence. Also, if you like using Anglo-Saxon terms, you can also call it SWOT. Now we can apply the SWOT analysis like a marketing expert .

To start, we will carry out a market analysis . You learn by looking! This way, you will be able to discover opportunities or threats that you had not previously considered, increase your results and get ahead of your competition. This is what the SWOT analysis is all about . However, if you are one of those who are not clear about its usefulness, read very carefully.

What is a SWOT analysis for companies and what is it used for?
The term SWOT has one meaning: strengths, weaknesses, opportunities ios database and threats . It is a tool that aims to evaluate the state of your company from all possible points of view.

One of the great advantages of this tool is that you can apply it regardless of the management situation or type of company . The SWOT will help you determine the following aspects:

Goals
Strategies
Actions
What will you achieve? Correctly carry out a Marketing Plan , Human Resources Plan, Production Plan, Financial Plan or even a Contingency Plan.

Now that you know what a SWOT analysis is and its benefits , it's time to reveal its most hidden secrets... Keep reading!

Internal SWOT analysis: strengths and weaknesses of a company
Do you think you know yourself? That's because you haven't taken the SWOT test . You better be honest or it won't work!

[yadaysrdone]

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