How to Identify the Four Aspects of SWOT Analysis
For the four aspects of SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats), we need accurate answers. We need to collect a lot of data and conduct in-depth research to understand and summarize the factors that best fit these aspects, rather than filling as much data as possible into a "form"
To find useful facts about these four aspect of the SWOT analysis, consider the following questions:
Strengths
What expertise or characteristics does the company have that your competitors don't?
What is the company familiar with?
What are the company's unique resources?
What can companies do that others can't do, or do better?
Weaknesses
What is the company particularly unfamiliar with?
In what areas does the company have fewer resources?
What can't companies do?
Opportunities
What services or products can the company develop?
What is the company's current industry environment?
Threats
How will competitors affect the company?
Will changes in the industrial environment disadvantage the company?
