nevertheless
How to do a SWOT analysis (part 3)
Step 3. SWOT matrix
Having calculated all the factors influencing the business and grouping them into four squares, we get the SWOT analysis matrix, as in the photo below. Thus, we classified all possible impacts on our business in 4 categories: Strengths, Weaknesses, Opportunities and Threats. Thanks to this matrix, we better understand our own business, and, accordingly, it is easier for us to make competent decisions.how to do swot analysis
SWOT analysis matrix
Step 4. SWOT Strategy
Stroking the matrix on the SWOT, it is easy to see that in each square two elements intersect. From this “intersection”, in fact, we can extract a separate business strategy and, on the basis of it, develop a business. Continue reading
weapons
succeeded
measures
decisions
gambling
regulations
competitors
reasonable
purchases
conclusion
opportunities
transport
organization
amounts
check
practice
people
attention
fans
monitoring
institutions
improve
development
attract
profits
equipment
conservation
materials
individual
product
meters
anniversary
sweepstakes
entrepreneurs
photographer
consider
customer
station
different
building
monuments
acquisition
important
importantly
dollars
opportunity
industrial
consumers
parameters
maximum
trolleybus
classes
channels
industry
examination
Yahoo
distribution
explosives
processes
information
audience
business
establish
request
conclusions
customers
potential