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Perform a SWOT analysis to strategically plan and make sound business decisions for a start-up business payment app. Use the attached worksheet as a guide
Perform a SWOT analysis to strategically plan and make sound business decisions for a start-up business payment app. Use the attached worksheet as a guide to identifying the strengths, weaknesses, opportunities, and threats of your current/future business. Post your worksheet and answer the following questions:
- Strengths and Opportunities (SO): How can you use your strengths to take advantage of the opportunities?
- Strengths and Threats (ST): How can you take advantage of your strengths to avoid real and potential threats?
- Weaknesses and Opportunities (WO): How can you use your opportunities to overcome the weaknesses you are experiencing?
- Weaknesses and Threats (WT): How can you minimize your weaknesses and avoid threats?
Instructions for your tutor:
ref: https://open.lib.umn.edu/principlesmanagement/part/chapter-5-strategizing/
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