Need assistance to responding to discussion question answer in a personal opinion in 100 words.

The SWOT analysis and SWOT Matrix helps the managers to determine the strengths, weaknesses, opportunities, and threats of the business. A company's strengths and weaknesses come from an internal perspective, while opportunities and threats are based on the external environment. A business's strengths are vital for the firm to leverage in order to be competitive in the market. The SWOT analysis and SWOT Matrix also allows the business to identify the strategic opportunities that they can utilize to earn market share. The summary from a SWOT analysis guides a strategic manager to determine the next opportunities in the market for their firm. Moreover, the SWOT analysis and SWOT Matrix helps the manager to identify weaknesses within the business that must be addressed. When a business identifies and addresses the weaknesses, then the company can promote better business operations in the market-leading to market successes. On the other hand, the use of the SWOT analysis and SWOT Matrix is critical in identifying the existing and future market threats. Managers will work to understand the issues facing the company. The manager will, therefore, remain strategic in its market plan and market approaches and ensure that these issues are addressed adequately. A company needs to understand the internal problems that require changes to support the changes in the market. Therefore, the use of the SWOT analysis and SWOT Matrix gives the manager an understanding of the market and thus leading to strategic decision making in the organization. This approach is critical for a firm seeking to maintain high levels of competence.