Identify an organization’s internal strengths and weaknesses as well as an organization’s external opportunities and threats.

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An organization’s internal strengths & weaknesses are determined by the resources that are currently available to it. A strong workforce that is skilled in a particular area may be considered a strength, while outdated technology and inadequate staffing might be considered weaknesses. Additionally , a company’s financial stability and level of customer satisfaction can also affect its overall performance.

On the other hand, an organizations external environment consists of various opportunities &threats that cannot necessarily be controlled. Examples include changes in consumer preference, market trends, regulations and economic conditions. These factors will be helpful in minimizing potential risk and maximizing any opportunities.

Overall, it is important for companies to understand their internal strengths &weaknesses as well as external opportunities &threats when strategizing for success ! This will enable them to better anticipate &respond to changes in their environment which can ultimately lead to higher levels of success.

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