SWOT Analysis
SWOT Analysis (Strengths, Weaknesses, Opportunities, and Threats Analysis) is an analysis intended to match the firm's strengths and weaknesses (the S and W in the acronym) with the opportunities and threats (the O and T) posed by the environment.
Definition
According to the Strategic Management by Parnell (4th edition),
- SWOT Analysis (Strengths, Weaknesses, Opportunities, and Threats Analysis). An analysis intended to match the firm's strengths and weaknesses (the S and W in the acronym) with the opportunities and threats (the O and T) posed by the environment.
According to the ASME EMBOK,
- SWOT Analysis. An analysis that identifies the strengths, weaknesses, opportunities, and threats a project faces.