Final answer:
SWOT analysis is a strategic planning tool that helps a business identify its strengths, weaknesses, opportunities, and threats.
Step-by-step explanation:
The SWOT analysis aims to identify a company's strengths, weaknesses, opportunities, and threats. It helps a business understand its internal and external environment, which can assist in strategic planning. However, SWOT analysis does not specifically aim to determine the competitive intensity or develop contingency plans.