By what means Can SWOT Analysis Reports Benefit Business.?
- Anonymous5 years agoFavorite Answer
It can be used to identify the businesses strengths ,weaknesses ,opportunities and threats. It is all down to the people that use the tool. If left in the right hands can paint a picture that leads to a company staying out of strategic drift,breaking into new markets successfully,recognizing threats quickly and finding ways to overcome them. Utilizing opportunities both internal and external when they arise. You get the point.
Advantages I'd say are ,it's very easy to use , it's simple and straight forward ,can be implemented in almost every type of industry.
Disadvantages : If it becomes too over complicated or oversimplified it can hinder progress and it's completely down to the people in charge of the tool as to how well it works.
- 5 years ago
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