The SWOT analysis should include the following four components:
Strengths – An organization’s resources and capabilities that can be used as a basis for developing a competitive advantage.
Weaknesses – Internal attributes that the organization might struggle. The absence of certain strengths may be viewed as weaknesses.
Opportunities – External conditions that may reveal certain new opportunities on profit and growth.
Threats – Factors or changes in the external environment that may present threats to the organization.
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