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Business A-level
UNIT 7: Strategic Position
SWOT
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Nour Abdelrahim
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Longer questions
Business A-level > UNIT 7: Strategic Position > SWOT
31 cards
Cards (42)
What does SWOT stand for in SWOT analysis?
Strengths
,
Weaknesses
,
Opportunities
,
Threats
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What is the purpose of a SWOT analysis?
To help plan
business strategy
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What are the components of a SWOT analysis?
Strengths
Weaknesses
Opportunities
Threats
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How does Amazon's AWS unit contribute to its SWOT analysis?
It is a strength due to its
growth
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What is a weakness identified in Amazon's SWOT analysis?
High costs from
last-mile delivery
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What opportunity could help Amazon resolve its delivery cost issue?
Acquisitions
of delivery companies
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Who is a key threat to Amazon's AWS unit?
Microsoft
with
Azure
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Why is it important to regularly update a SWOT analysis?
Business environments change
constantly
New
opportunities
and threats emerge
Ensures relevance of strategic planning
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What does a SWOT analysis not guarantee?
Success of the
business strategy
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What could cause a strategy to fail despite a good SWOT analysis?
Poor implementation or
environmental
changes
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What is the dynamic nature of SWOT analysis?
SWOT analysis changes over time
Requires regular updates
Reflects current
business conditions
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