SWOT is an acronym for these four features: strengths, weaknesses, opportunities, and threats. They represent the internal and external factors that affect a business. Creating this situational analysis is deemed necessary for every business student as it is one of the basic planning techniques.
SWOT analysis is portrayed as an essential tool for prospective entrepreneurs and business executives to understand any business's day-to-day operations better. It's a method to see a bigger picture, hence considered vital for business students.
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SWOT analysis is a procedure to assess an organisation's long-term goals and develop a strategic plan to achieve them. This procedure can vary from industries, disciplines, projects, people, and situations.
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France
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