simultaneously
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
anniversary
classes
gambling
establish
entrepreneurs
profits
explosives
weapons
parameters
purchases
acquisition
conclusions
information
importantly
audience
check
individual
competitors
opportunity
conservation
trolleybus
sweepstakes
measures
transport
different
regulations
Yahoo
amounts
development
building
potential
request
station
product
opportunities
business
monuments
attract
improve
materials
industrial
consumers
maximum
succeeded
decisions
important
practice
customers
fans
attention
conclusion
photographer
processes
industry
channels
equipment
distribution
meters
organization
consider
institutions
monitoring
examination
people
dollars
reasonable
customer