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Explain ‘SWOT analysis’ as a step in preparing a marketing plan. - Entrepreneurship

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Question

Explain ‘SWOT analysis’ as a step in preparing a marketing plan.

Explain
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Solution

To ensure the success of a project or your entire company plan, a SWOT analysis helps you determine the project's Strengths, Weaknesses, Opportunities, and Threats. It is employed to stay ahead of market trends and for strategic planning.

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2022-2023 (March) Set 4
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