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The term SWOT denotes – S for Strength, W for Weakness, O for Opportunities and T for Threats. This is the analysis of the present and future condition of any company’s inside and outside atmosphere. This is required for the good of a company or organization so that it continues to sustain in a longer period of time.
If a company’s SWOT is studied well, then it is very useful in planning and makes business strategies so that the company remains successful. This is done so that the company or the organization attain its goals in a successful manner.
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