SWOT Analysis (Leaving Cert LCVP): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
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Practise the cards
10 cards from this deck
SWOT acronym meaning
SWOT acronym meaning
Strengths, Weaknesses, Opportunities, Threats
Strengths in SWOT
Strengths in SWOT
Internal positive factors giving business advantages
Weaknesses in SWOT
Weaknesses in SWOT
Internal negative factors creating disadvantages
Opportunities in SWOT
Opportunities in SWOT
External positive factors that could benefit the business
Threats in SWOT
Threats in SWOT
External negative factors that could harm the business
Internal vs external SWOT factors
Internal vs external SWOT factors
Internal: strengths & weaknesses; External: opportunities & threats
Steps in SWOT process
Steps in SWOT process
7 steps: research business, identify S/W/O/T, record in grid, analyse
Recording SWOT findings format
Recording SWOT findings format
4-box SWOT grid or structured table
SWOT benefit - business overview
SWOT benefit - business overview
Provides clear snapshot of current business situation
LCVP exam tip for SWOT
LCVP exam tip for SWOT
Use local business examples for maximum relevance
