SWOT Analysis
SWOT analysis is an acronym for Strengths, Weaknesses, Opportunities and Threats it is a planning method used often by a business to evaluate whether it is a good idea for a project or idea they have. Strengths: An advantage the business will have to go through with the idea and tells them what will be positive about it. Weaknesses: Factors that could put the business in a position with a disadvantage and gives negatives of the idea. Opportunities: Things that could give the business a potential advantage. Threats: Things that could cause problems for the project and put it at risk Strengths · They are 100% sure on their target audience · Working within a well-established company will mean that you would have help from good professionals that have a good knowledge of that side of the business. Weaknesses · ...