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