A SWOT analysis is a strategic planning tool used to evaluate a project or business's Strengths, Weaknesses, Opportunities, and Threats. By identifying these four key areas, the analysis provides a comprehensive understanding of the internal and external factors affecting the organization. This information can then be used to create actionable plans that capitalize on strengths, address weaknesses, seize opportunities, and mitigate threats. Overall, a SWOT analysis is a valuable tool for decision-making and strategic planning in any business or project.
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