SWOT Analysis
A SWOT analysis is a management tool that is used to undertake a rapid examination of a businesses status.
It is often used to help devise business strategy and improvement programs – SWOTS are usefull in that they examine both internal and external influences over the business. It is also a very effective method of gathering and categorizing business issues and information.
SWOT stands for
- Strenghts
- Oppourtunities
- Threats
- Weakneses
An example SWOT analysis can be seen here : – http://www.mepss.nl/cases/edf/image005.gif
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