SWOT Analysis is used to assess an organization's internal strengths and weaknesses, and the external opportunities and threats it faces in a particular environment. "SWOT" stands for Strengths, Weaknesses, Opportunities, and Threats.
SWOT Analysis systematically evaluates factors to understand the organization's current position and potential, aiding informed decision-making, strategy formulation, and identifying areas for improvement or growth.
It is a versatile tool used in various fields, from business planning to project management, marketing, and personal development, providing a structured framework for strategic planning and decision-making.
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