Category

BUSINESS

Category

SWOT analysis of Facebook or of any organization is an evaluation of its strengths, weaknesses, opportunities, and threats. SWOT is an acronym for strengths, weaknesses, opportunities, and threats. The strengths are the advantages, the unique selling proposition, the competitive advantage, the cost advantage you have over your competitors. The weaknesses of your organization are what you have been doing wrong or what your competitors are doing better than you. These can be in the form of high costs, lack of research and development, low customer loyalty, lack of finance and so on. Opportunities are the chances available to the organization to make profits or gain any sort of benefit out of it, if properly exploited. Threats are the potential dangers for the organization. They can be major threats such as international competitor entering the market or a minor threat such as a small labor strike. Strengths and weaknesses are the…