SWOT analysis
assessing strengths, weaknesses, opportunities, and threats
In more detail
1. (noun) a method of evaluating a business, project, or person by analyzing their Strengths, Weaknesses, Opportunities, and Threats
Examples
- 1. The company conducted a SWOT analysis before launching their new product line.
How to use SWOT analysis
SWOT analysis is a structured, systematic approach used primarily in business planning, strategic management, and organizational assessment. It examines internal factors (strengths and weaknesses) and external factors (opportunities and threats) to inform decision-making. The term is neutral and technical, commonly found in corporate, academic, and professional contexts.
Common phrases
- conduct a SWOT analysis
- perform a SWOT analysis
- carry out a SWOT analysis
- SWOT analysis reveals
- SWOT analysis framework
- matrix SWOT analysis
Synonyms
SWOT assessment · strengths and weaknesses analysis · strategic analysis · situational analysis
A common mistake
Learners sometimes confuse the four categories (e.g., treating an external opportunity as an internal strength) or fail to distinguish between internal factors (strengths/weaknesses) and external factors (opportunities/threats).
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