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    Thread: What is SWOT?

    1. #31
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      A SWOT analysis is done before we start any business venture because we don't want to fall into some kind of mistakes that could make us lose money unnecessarily, there are some assessment that should ideally be done because they will make us decide whether we should go ahead with the planned business ideas or not.

      The ability to understand the Strength, Weakness Opportunity and Threat can determine our next move regarding that business, and even the Forex market is the best place to use this swot ideology because of the rate of losing that we have heard about, entries that is not done through SWOT might automatically give us losses.


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    3. #32
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      Hi Dear Forex Traders!
      Conducting a SWOT analysis of your business is a lot more fun than it sounds. The S.W.O.T is an acronym that stands for Strength, Weaknesses, Opportunities, and Threats.
      Strengthens and Weaknesses are internal to the company(think: reputation, patents, location). You can change them overtime but not without some work.
      Opportunities and Threats are external(think: suppliers, competitors, prices)- they are out there in the mr, happening whether you like it or not. You can't change them.
      Existing businesses can use a SWOT analysis, at any time, to assess a changing environment and respond proactively. The point of a SWOT analysis is to help you develop a strong business strategy by making sure you have considered all of your business' strengths ans weaknesses, as well as the opportunities and threats it faces in the market place.


    4. #33
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      SWOT is an acronym for Strength, Opportunity, Weaknesses and Threat, it has some very interesting things, the forex trader should think about the consequences and the possibility of our actions, different people come into this business with different understanding, until we think about this acronym and how we can apply it to trade accurately, there are just things that would never go wrong, there are opportunities that always happen to us, although we should not trade except we have something spectacular, you need to even learn how the market works before you can take this opportunity seriously, then switch between trading and what you want, somehow there are losses which will increase our opportunities.


    5. #34
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      SWOT is marketing tools which used to get success in business. At first we need to know what SWOT analysis in marketing process. SWOT means Strength , Weakness ,Opportunity & Threat. When a business man want to get success he need to take opportunity and use of his strength he can get success beside this he also need to avoid threat and weakness. It helps to win in his business.SWOT analysis is used in modern marketing strategy. Who can best use of it they can get more success than others. Every business we can see there are huge straggle , so if we want to remove our struggle for making big profit SWOT analysis and taken action is really necessary.


    6. #35
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      SWOT analysis is an incredibly simple, yet powerful tool to help you develop your business strategy, whether you’re building a startup or guiding an existing company.

      SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.

      Strengths and weaknesses are internal to your company—things that you have some control over and can change. Examples include who is on your team, your patents and intellectual property, and your location.

      Opportunities and threats are external—things that are going on outside your company, in the larger market. You can take advantage of opportunities and protect against threats, but you can’t change them. Examples include competitors, prices of raw materials, and customer shopping trends.

      A SWOT analysis organizes your top strengths, weaknesses, opportunities, and threats into an organized list and is usually presented in a simple two-by-two grid.


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    8. #36
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      The full meaning of SWOT is S is strengths, W is weaknesses, O is for Opportunities and T is for Threats.
      These are factors found within the business environment in which the organization operate. SWOT analysis is a systematic identification of these factors and the strategy that reflects the best combinations of these factors. The best practice is to effectively maximize a firm‘s strengths and opportunities and at the same time, minimize the weaknesses and threats found in the business environment.
      Benefit
      The swot analysis can be used to choose and design an effective strategy that can assist an organization to compete in its business environment.


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      What is SWOT analysis.
      SWOT analysis is a framework for identifying and analysing the internal and external factor that can have an impact on the the viability of a project product plays a person. SWOT analysis is the most commonly used by business entities but it is also used by nonprofit organisations and to a lesser degree individuals for personal assessment. Traditionally it can be used to access initiatives products are projects. The framework is credited to who tested the approach in the 1960 and 1970. A SOWT analysis is often used at the start of or as part of strategic planning exercise the framework is considered a powerful sport for decision making because it enables and entity to uncover opportunities for success that were previously under calculated or to highlight words before they become overlay burdon.


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    12. #38
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      SWOT analysis is a device for examining an association and its condition. It is the main phase of arranging and causes advertisers to concentrate on key issues. SWOT represents qualities, shortcomings, openings, and dangers. Qualities and shortcomings are inside elements. Openings and dangers are outside elements. A quality is a positive interior factor. A shortcoming is a negative inward factor. An open door is a positive outer factor. A risk is a negative outer factor. We should expect to transform our shortcomings into qualities, and our dangers into circumstances. At that point at long last, SWOT will give directors choices to coordinate inward qualities with outer chances. The result ought to be an expansion in 'esteem' for clients – which ideally will improve our upper hand.


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    14. #39
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      SWOT analysis is an approach that helps entrepreneurs to clearly identify their strengths and weaknesses as well as the opportunities and threats in the environment. Threats in the environment can arise from competition, technological breakthroughs, change in government policies, etc. The entrepreneurs might possess certain unique skills or abilities which along with their knowledge and experience can provide them a cutting edge. SWOT is an acronym for:-

      STRENGTH: These are positive internal factors that contribute to an entrepreneur's ability to accomplish his or her mission.

      WEAKNESS: These are negative internal factors that inhibit an entrepreneur's ability to accomplish his or her mission, goals and objectives.

      OPPORTUNITY: These are positive external options that an entrepreneur's could exploit to accomplish his or her mission.

      THREAT: These are also negative external force.


    15. #40
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      SWOT investigation is an instrument for inspecting an association and its condition. It is the primary phase of arranging and encourages advertisers to concentrate on key issues. SWOT represents qualities, shortcomings, openings, and dangers. Qualities and shortcomings are inside elements. Openings and dangers are outer components. A quality is a positive interior factor. A shortcoming is a negative inside factor. An open door is a positive outside factor. A risk is a negative outer factor.The principle motivation behind the investigation must be to increase the value of our items and administrations with the goal that we can enlist new clients, hold steadfast clients, and stretch out items and administrations to client fragments over the long haul. Whenever attempted effectively, we would then be able to build our Return On Investment (ROI).


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