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Summary - SWOT Analysis [Business Management 113 (NEW 2026)]

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This summary documents covers the entire SWOT Analysis Unit for Business Management 113 for first years. It is fully up-to-date and handmade according to the NEW 2026 module and the relevant module notes, slides and lectures. It is fully in colour and very highly organised, making it the perfect study resource for all your Exams!!

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SWOT
🌟 🧠 What is a SWOT Analysis?
SWOT = Strategic tool used to evaluate a business’s current
position.
It identifies:
S – Strengths (internal advantages)
W – Weaknesses (internal disadvantages)
O – Opportunities (external growth chances)
T – Threats (external risks)
⚠️ Key distinction:
Strengths & Weaknesses = Internal (controlled by business)
Opportunities & Threats = External (outside business control)
Purpose:
Understand where the business stands and plan for the future.




SWOT 1

, 🎯 Why is a SWOT Analysis Important?
SWOT is not just a table. It supports real strategic thinking.


🏆 Understand
Competitive Position
🚨 Identify Problems Early
SWOT helps managers spot
Helps identify: weaknesses before they become
serious.
What the business does well
Example:
Why customers choose it
A small business realises:
How it compares to competitors
Poor bookkeeping
Example:
Weak financial control
Woolworths → strong brand reputation
+ high quality. Early awareness = early correction.




📈 Identify Growth
Opportunities
🛡️ Prepare for Threats
Helps businesses anticipate risks such
SWOT highlights external chances for as:
expansion. Economic downturns
Examples: Crime
Government support (SEFA Competition
funding)
Example:
Youth entrepreneurship initiatives
High crime area → invest in security
Growing market trends upgrades.
Opportunity = something external you Prepared businesses survive longer.
can benefit from.




SWOT 2

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Uploaded on
March 17, 2026
Number of pages
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Written in
2025/2026
Type
Summary
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