SWOT Analysis

SWOT analysis : this is a strategic planning method used to evaluate the Strengths, Weakneses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. SWOT analysis usually starts with defining a desired end state or objective and incorporated into the strategic planning model. SWOT and SCAN analysis, is accredited strategy for research subject, these initials usually means: 1. Strengths: attributes of the person or company that is helpful to achieving the objective(s). 2. Weaknesses: attributes of the person or company that is harmful to achieving the objective(s). 3. Opportunities: external conditions that is helpful to achieving the objective(s). 4. Threats: external conditions which could do damage to the objective(s).