MGT 498 Week 3 Discussion Question 2
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How do the various components of a SWOT analysis support each other?
A SWOT analysis measures the conditions of the internal and external environments. There are four components of a SWOT analysis (the fifth component of trends is optional) and they are:
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Strength: This measures the strengths of the internal and external environments.
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Weaknesses: This measures the weaknesses of the internal and external environments and how they will affect the organizations.
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Opportunities: This measures the opportunities that the organization has to take.
- Threats: The threats that the organizations faces from other competitors or from other external factors
The strengths and weaknesses of the organization support each other as the opportunities and threats support...
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