Swot analysis, International Economics

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SWOT analysis is one of the most commonly used techniques in the strategic planning process. It is used to screen the internal and external environment of an organization. It consists of four dimensions (summed in its name): Strengths (S), Weaknesses (W), Opportunities (O), and Threats (T). The first two dimensions, Strengths and Weaknesses, are part of the internal environment, and the last two dimensions, Opportunities and Threats, are part of the external environment.

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