What is SWOT analysis?
SWOT Analysis
An overall evaluation of the company’s Strengths (S), Weakness (W), Opportunities (O), and Threats (T)
Strengths
Internal capabilities that may help a company reach its objectives.
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Weaknesses
Internal limitations that may interfere with a company’s ability to achieve its objectives
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Opportunities
External factors that the company may be able to exploit to its advantage
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Threats
Current and emerging external factors that may challenge the company’s performance
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Internal
External .................Positive...............................Negative...............
The company must analyze its markets and marketing environment to find attractive opportunities and identify environmental threats. It must analyze company strengths and weaknesses as well as current and possible marketing actions to determine which opportunities in the environment, while eliminating or overcoming the weaknesses and minimizing the threats. Marketing analysis provides inputs to each of the other marketing management functions.