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State five ways a swot analysis can help in stategic planing

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Answer:

Five ways a swot analysis can help in strategic planing:

1. It establishes the most relevant external threats that the company faces in the market.

2. It establishes the most relevant external opportunities that the company has in the market.

3. It establishes the most important internal strenghts that the company can take advantage of.

4. It establishes the most important internal weaknesses that the company should be wary of.

5. It matches these four elements, two at a time, in order to guide the strategic planning process.

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