Task 2 The Swot Analysis

A swot analysis enables a company to build strategies about what the company does best, as it shows the companys strength, weakness, opportunities and threats. A SWOT analysis will assist a business in the discovery phase of the strategic planning and provides an overall view of the company. Correlating a SWOT analysis with the strategic planning will show what improvements and opportunities are available to achieve the organizational goals by taking advantage of the opportunities to become competitive in the marketplace. Strategies are developed for achieving business goals and objectives when completing all eight steps of a SWOT analysis. A SWOT analysis is considered one of a company most challenging task in an organization, as it impacts...