SWOT Analysis is an acronym for strengths, weaknesses, opportunities, and threats—and is a structure planning method that evaluates those four elements of a project or business venture. A SWOT analysis can be carried out for a company, product, place, industry, or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. (https://en.wikipedia.org/wiki/SWOT_analysis)
Join the Discussion
Write something…
AchuthanN1
Premium
Yes, SMART and SWOT analysis is very useful in goal setting. Thank you for your tutorial. Great job.