Element that the organization could exploit to its advantage

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A concept called a SWOT analysis is often used to evaluate the Strengths, Weaknesses, Opportunities and Threats impacting an organization.

• Strengths: Characteristics of the organization that give it an advantage over others
• Weaknesses: Characteristics of the organization that place it at a disadvantage relative to others
• Opportunities: Elements that the organization could exploit to its advantage.
• Threats: Elements in the environment that could cause trouble for the organization

Strengths and Weaknesses are often internal, while Opportunities and Threats are often external. A SWOT analysis can also be a valuable tool to help organizations determine existing and future funding needs. Consider your identified organization and list at least 3 examples of each of these four categories. Include a minimum of three resources, including at least one resource that helped you understand the SWOT analysis. There is a big difference between a SWOT analysis for a for-profit business and a nonprofit organization, so be sure your resources are relevant. Submit a 4-6 page paper, APA format.

A summary document has been provided to help with this concept. DO NOT use it as one of your resources.

Reference no: EM131451825

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