What is the purpose of a swot analysis?

Answer 1

S- Strength,W- Weakness,O- Opportunity,T- Threat
For an organization SWOT analysis is very important. An organization must run with this analysis to get high profit. By this analysis we can find weakness of the organization, we can get many more opportunity. An organization must have their own vision so that we can establish according to our vision. In an organization there should be many threat which we have to solve it. SWOT analysis plays a vital role in an organization.