swot analysis | humanity | American Association of Colleges for Teacher Education
An organization’s internal strengths & weaknesses are determined by the resources that are currently available to it. For example, a strong workforce with expertise in certain areas may be considered a strength whereas outdated technology or inadequate staffing could be seen as weaknesses.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. Some examples include market trends, new regulations, economic conditions , and changes in consumer preferences . Taking these factors into consideration when making decisions will help ensure that any potential risks are minimized while taking advantage of any advantages that present themselves .
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.