What is SWOT and PEST analysis?

Explain what is SWOT and PEST analysis.?

  • I need detail answer

  • Answer:

    SWOT is analyzing a business w.r.t to its own Strengths, Weaknesses, and the Opportunities it could exploit in the market place, and the possible threats from the environment including competition, obsolescence etc. (I suggest you read Michael Porter for a detailed knowledge!) PEST is the analysis of the environment in which a business is operating - Political, Economic, Social and Technological environments. How these factors affect the business and how the business should evolve its strategies to face the challenges forced by these factors!

hisham at Yahoo! Answers Visit the source

Was this solution helpful to you?

Related Q & A:

Just Added Q & A:

Find solution

For every problem there is a solution! Proved by Solucija.

  • Got an issue and looking for advice?

  • Ask Solucija to search every corner of the Web for help.

  • Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.