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In this video, we will discuss about SWOT Analysis (Strength, Weakness, Opportunity, Threat)
The primary objective of a SWOT analysis is to help organizations develop a full awareness of all the factors involved in making a business decision.
To run a successful business, the organization should regularly analyze their processes to ensure that they are operating as efficiently as possible. While there are numerous ways to assess the company, one of the most effective methods is to conduct a SWOT analysis.
The importance of each of the factors (Strength, Weakness, Opportunity, Threat) may be different to different kinds of industries, but any company must conduct a detailed SWOT analysis before going ahead with any business strategy.
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