SWOT Analysis

SWOT Analysis is a strategic planning tool used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats related to a business or project.

– **Strengths** refer to internal attributes and resources that support a successful outcome.
– **Weaknesses** are internal factors that may hinder performance or result in disadvantages.
– **Opportunities** are external conditions that could be leveraged for growth or advantage.
– **Threats** are external challenges or risks that could negatively impact the business or project.

The analysis involves listing these four elements to provide a comprehensive view of the current situation, facilitating informed decision-making and strategic planning. It is commonly used in business contexts, but can also be applied in personal development, project management, and various other fields.