SWOT matrix

Abstract

The SWOT matrix is a tool for making an objective analysis of any given company. SWOT is an Acronym for Strengths, Weaknesses, Opportunities, Threats. These are the main areas to be analyzed and researched, to get an overview of what the company is good at, not good at, which threats lies ahead, and what opportunities does the company have. The four Areas can be broken up into positive and negative, where strengths and opportunities are positive and weaknesses and threats are negative. The purpose of SWOT matrix is to get the data, and get some ideas out of it and in the end develop some great goal statements.