What are the benefits and limitations of a SWOT analysis
Subject: Integrated Perspective on Business GBA 398
Details: What are the benefits and limitations of a SWOT analysis? Discuss the strengths, weaknesses, opportunities, and threats you found for the organization in your major case analysis.
In a well-written response at 1-2 paragraphs in length, supported by this week’s reading and, if necessary, any outside sources, post a response to the discussion prompt along with a response to at least two of your classmates’ discussion posts, providing them with any suggested additions, revisions to their SWOT. Be sure to include any necessary citations and a corresponding reference list.
SWOT analysis is a framework that is used by management to understand some of the weaknesses, opportunities, strengths, and threats that faces the organization in the industry or marketplace (Warner, & Business Expert Press. 2016). Several benefits and limitations are associated with such an analysis. Some of the benefits include low cost of conducting the analysis, helps management understand the business in a better manner, helps address the weaknesses of the business, and can also be used as a tool to access opportunities in the market. A business that uses the analysis is thereby able to predict the future and make preparations………..
APA 350 words