Question Description
Follow the discription and requirement as below, finish up the document.
The ‘SWOT Analysis’ is a strategic planning tool for identifying and assessing the strengths,weaknesses, opportunities, and threats affecting an organization, a business problem, or aproject.
A SWOT exercise is the process of capturing information to provide the material needed to do ananalysis. The process begins by collecting information about the organization or the project. Itis focused on collecting information on four specific categories:
Strengths are positive characteristic or attributes internal to an organization or a project that arewithin its control that may facilitate meeting its goals and objectives
Weaknesses are negative characteristics or attributes internal to an organization or a project thatare within its control that may impede meeting its goals and objectives
Opportunities are external factors that an organization or project should (or could) develop
Threats are external factors beyond an organization’s control that could place the organizationor a project at risk
Conduct a SWOT exercise and complete and develop a SWOT template.This is a first step toward the analysis of those results, to become ‘informed’ and lead to astrategic position. Decisions are made, based on an interpretation of the information that issummarized in the matrix.
Develop the ‘SWOT Matrix’ and discuss possible project initiatives that might be important toconsider addressing the business problem(s) that the organization faces or to take advantage ofthe business opportunity(s) that the organization may have.
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