SWOT analysis

A SWOT analysis is a strategic tool that maps a company's strengths, weaknesses, opportunities and threats. Strengths and weaknesses are internal factors, while opportunities and threats are external. The analysis provides an overall overview that supports prioritisation and strategic decisions.

A webshop can use a SWOT analysis to see that a strong customer base can be leveraged to counter the threat from a new competitor.

Illustration symbolizing the concept "SWOT analysis": A SWOT analysis is a strategic tool that maps a company's strengths, weaknesses, opportunities and threats.…

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