SWOT Analysis is a planning tool used to understand where a business or idea stands today, and how it can grow tomorrow.
Full Form of SWOT:
- S – Strengths (What you do well)
- W – Weaknesses (What needs improvement)
- O – Opportunities (What can help you grow)
- T – Threats (What can harm your growth)
Why do we use SWOT?
SWOT gives a clear picture of what is good, what is bad, where growth is possible, and what risks are coming.
It is used by:
- Businesses (small and big)
- Startups
- Students (for career planning)
- Individuals (for personal goals)
It is one of the most simple, useful, and powerful tools in business and decision-making.
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