Asked by Hudson Nyaki on Jun 28, 2024
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Gauging demographic trends is an aspect of the external analysis in a SWOT analysis.
Demographic Trends
Patterns and changes in the characteristics of human populations, such as age, race, or gender, that can influence societal structures and markets.
SWOT Analysis
An instrument for planning strategies that detects the Strengths, Weaknesses, Opportunities, and Threats involved in business competition or the planning of a project.
External Analysis
The process of evaluating an organization's external environment to identify opportunities and threats that could impact its strategy and operations.
- Gain insight into the key notions and purposes of conducting a SWOT analysis, which entails the evaluation of both internal and external elements.
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Learning Objectives
- Gain insight into the key notions and purposes of conducting a SWOT analysis, which entails the evaluation of both internal and external elements.
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