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SWOT analysis is a strategic methodology to analyze the Strengths & Weaknesses that an organization possess, and Opportunities & Threats that the organization faces because of competition and macro-economic factors. The SWOT analysis is used for strategic planning both in short-term and long term which provide decision makers a better understanding of the market, organization, and their competitors. Not only is SWOT Analysis used for performance improvements, is also used to thwart competitive challenges.
Internal
External
Strengths
Weaknesses
Opportunities
Threats
ACI Worldwide has more strengths to keep being a successful business and can still as well build more on the strengths and minimize their weaknesses by making sure they retain their experts therefore reducing the cost of hiring new experts. However, ACI Worldwide will also need to seize all the opportunities they have and make you use of them all. ACI Worldwide must counteract the threats if it must continue competing successfully. ACI Worldwide will need to bring product enhancements and develop new products as there is a rapid change in the market.
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