Respuesta :
When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify company strengths and weaknesses. By conducting a SWOT analysis, a company is able to find out valuable information about how their company is conducting business, future plans, and how they compare to others within the same market. Identifying your strengths and weaknesses is important in achieving success. When you know your strengths, it allows you to set your company apart from others and when you know your weaknesses, you can work on improving them.
SWOT analysis used for identify company strengths and weaknesses.
A firm may learn a lot when they're doing business, what their future goals are, and also how they contrast to other companies in the same industry by doing a SWOT analysis.
- It is critical to recognize your talents and limitations in order to achieve success.
- Knowing your strengths enables you to differentiate your firm from the competition, and knowing your flaws allows you to focus on improving them.
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