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It is one of the time-tested tools that have the capacity to enable an organization to understand itself, to respond effectively to changes in the environment. The purpose of the SWOT analysis is to provide information on strengths and weaknesses in relation to the opportunities and threats.
The benefits of a SWOT analysis are that it provides learning and knowledge vital to the organization’s survival and prosperity. And other outcome of he SWOT analysis which is becoming extremely important, is an understanding of company’s boundaries and the development of boundary spanning skills and insight to help navigate the changing environment...
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