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Use and Practice of SWOT Analysis
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SWOT is Examination of Internal factors …. … and External factors
Strengths Weaknesses … and External factors Opportunities Threats
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Strengths What do we do well ? Our advantages
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Weaknesses What is done badly ? What to improve ? Obstacles
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Opportunities Some good chances ? Some new interesting trends ?
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Threats Some foreseeable obstacles ? Some changing conditions ?
Budget constraints
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Why to use SWOT Analysis ?
To identify key issues To prepare a Strategic Approach A communication tool
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