In Conducting a SWOT Analysis, Is It Enough to Simply

question 22

Essay

In conducting a SWOT analysis, is it enough to simply compile lists of the company's strengths, weaknesses, opportunities, and threats? Why or why not?

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Definitions:

Declining Numbers

A trend or situation characterized by a gradual decrease in quantity or quality over time.

Casual Workers

Employees who have no guaranteed hours of work and whose employment is based on an as-needed basis.

Part-Time

Employment with fewer hours per week than a full-time position, typically offering less benefits and requiring less commitment.

Permanent Workforce

Employees who are considered permanent staff and have full-time employment contracts with benefits, as opposed to temporary or contractual staff.