Explain the role of a SWOT analysis for an organization. Then, explain how an organization could use a SWOT analysis to create positive social change, both internally and externally. SW(internal) OT(external)

Topics:

Strengths:(internal)

• Positive brand recognition
• intellectual property
• Cost advantages
• Skilled workforce
• Financial resources

Weakness: (internal)

• Negative brand recognition
• Expiring intellectual property
• KISIDE COSTS
• Unskilled workforce
• Lack on financial resources

Opportunities:(external)

• New technology
• Relaxing government regulations
• Elimination of international trade barriers
• Changing consumer preference

Threats: (external)

• The emergence of new competitors
• Pending government regulations
• Increased trade barriers
• Pending lawsuits
• New technology

Answer rating: 100% (QA)

A SWOT analysis is a strategic planning tool that helps organizations identify their strengths weaknesses opportunities and threats By understanding these factors organizations can develop strategies ... View the full answer