Swot Analysis And SWOT Analysis

791 Words 4 Pages
SWOT analysis is a simple but useful framework for analyzing your organization’s strengths, weakness, opportunites and threats that you face.It helps you focus on your strengths, minimize threats and take the greatest possible advantage of opportunities available to you. SWOT is an acronym for Strengths, Weaknesses, Opportunities, Threats. SWOT analysis is a structured planning method that evaluates those four elements (SWOT) of a project or business venture. The method of SWOT was created in the 1960s by business gurus Edmunt P.Learned, C.Roland Christensen, Kenneth Andrews and William D. This involves specifying the objective of the business venture or project. SWOT analysis is using to identify the internal and external factors that are …show more content…
Strengths are the attributes of an organization that are considered to be necessary for the ultimate success of a project. Strengths also can be used for competitive advantage. Examples of strengths, such as strong brand names and good reputation. Weakness is the factor that obstruct the objectives of business. Weaknesses include factors such as abundance of rivalry between departments, a weak international communication system. Weaknesses can derail a project before it even begins. Example of weakness such as poor reputation and high cost …show more content…
Apart from that, Texas Chicken does not have food delivery services. So, customers need to waste times and petrol to enjoy the food of Texas Chicken. Next, Texas Chicken also have one of the unhealthy food menu. Texas Chicken menu is largely formed of high calorie, salt and fat meals and drinks. Such menu offering prompts protests by organizations that fight obesity and hence, decreases Texas Chicken popularity.
Texas Chicken have opportunities to increase the demand for healthier food.While demand for healthier food increases, Texas Chicken could introduce more healthy food choices in its menu and reverse its weakness into strength. Next, Texas Chicken also can execute home meal delivery. Texas Chicken could fully exploit this opportunity and reach more customers. Therefore, Texas Chicken have opportunity for this brand to expand at new

Related Documents