1.3.4

SWOT Analysis

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SWOT Analysis

A business can use a SWOT analysis to explore its internal strengths and weaknesses and the external opportunities and threats facing the business.

Illustrative background for Internal strengthIllustrative background for Internal strength ?? "content

Internal strength

  • An internal strength may include a trusted and reputable brand which is recognised by many.
Illustrative background for Internal weaknessIllustrative background for Internal weakness ?? "content

Internal weakness

  • An internal weakness may include cash flow concerns or lower profit margins than others within the industry.
Illustrative background for External opportunityIllustrative background for External opportunity ?? "content

External opportunity

  • An external opportunity may include an expanding market nationally or internationally.
Illustrative background for External threatIllustrative background for External threat ?? "content

External threat

  • An external threat may include a declining market or increased competition.

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1Business Organisation & Environment

2Human Resource Management

3Finance & Accounts

4Marketing

5Operations Management

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