31.6k views
1 vote
What is a SWOC analysis? Why would it be important to understand? Why would it be important to understand external environmental assessments? What are the main categories of forces and trends that relate to external environments? What do you feel is the most interesting recent issue and trend that is listed in our reading material that relates to forces and trends? Why?

1 Answer

1 vote

Step-by-step explanation:

SWOT analysis can be defined as a strategic planning tool used to assist organizations in identifying the strengths, weaknesses, opportunities and threats that make up their micro and macro environment.

The importance of using this tool is that it allows an analysis of the internal and external environments in an easy and effective way, and helps the company to develop strategies to achieve goals, to know the competitors, to know their strengths and weaknesses, to implement a system of continuous improvement, etc. This is a tool that assists decision making and influences the achievement of organizational effectiveness.

User Hoxworth
by
6.6k points