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Management SWOT

How would a SWOT analysis aide a management consulting firm?

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SWOTT stands for Strengths, Weaknesses, Opportunities, Threats, and Trends, a SWOTT analysis is used to determine where the dry cleaners stands both internally and in relation to its competitors. Strengths and weakness are the internal characteristics the business can improve upon, while opportunities and threats come from the market as a whole and must be considered in the decision making process. Trends are ideas that come out when discussing this topic, should come from places like industry magazines, area needs, new products, consumer wants and the news.

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Solution Summary

The solution creates a SWOT analysis for a management consulting firm.