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    Strengths, Weaknesses, Opportunities, and Threats (SWOT)

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    Would you utilize SWOT analysis in your business practices. Why or why not?

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    Using SWOT analysis in an organization entails identifying the Strengths, Weaknesses, Opportunities, and Threats. It attempts to put into context issues that are external and not internal to the organization. Examples of a threat would be competition, and examples of an opportunity might be a new market that has opened up. It is an important tool used by many companies and managers. Whether or not I would use SWOT analysis in my organization will depend on what stage of growth ...

    Solution Summary

    This solution outlines the purpose of a SWOT analysis and highlights it's strengths and weaknesses.