Essay writing demands inspiration
Essays can take many forms and among the most specific is the SWOT analysis. It has its roots in management and can be broken down as follows:
These are whatever the company, individual or whatever is being analyzed has going for them. These may include a certain amount of capital, a particular skill set or a unique and profitable position in the market. In some cases, a very important strength can be the company or individual’s good name which can make business possible where others would fail.
These are wherever the analyzed entity falls short. Some common weaknesses may include an inability to handle large orders, staff that lacks vital training or facilities that fall below industry standards.
These are positive possibilities that the entity may benefit from if specific steps are taken. This may include a chance for a favorable merger or acquire assets at a great price and thus expand operations.
These are negative possibilities. Not all of them will be withing the entity’s control. These include the emergence of a new competitor with a better business model or a sudden shift in the market that renders the chief product completely obsolete. From an internal standpoint, the exposure to the public of unscrupulous business practice may also be a threat that hangs overhead.
The above divisions are also displayed graphically to show which combination holds most weight and what actions should be taken. Having a good mix of strengths, weaknesses, threats and opportunities will make a topic worthy of the essay. Here are a few to consider:
Any of these can be used to practice your writing.
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