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What Is SWOT Analysis? Discuss the Types of Issues and Questions

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What is SWOT analysis? Discuss the types of issues and questions that should be addressed when conducting a SWOT analysis.


Definitions:

Assignable Variation

Assignable variation is variation in a process that can be traced to specific causes, such as machine malfunctions or operator errors, as opposed to random variation.

Average Run Length

The expected number of items inspected before a change is detected, commonly used in quality control.

False Alarm

An incorrect signal or detection indicating the presence of a condition or attribute that is not actually present.

Control Limits

The boundaries defined in control charts within which a process statistic is considered to be in a state of statistical control.

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