Page 7 - Risk Management
P. 7
Strengths
•Factors/characteristics of an organization that gives the
organization an advantage over competitors and contributes to
the overall success of the organization
Weaknesses
•Factors/characteristics that exhibit disadvantages to competitors
SWOT Analysis and prevent an organization from reaching its full potential
Opportunities
•Elements in an organization’s external environment that call for
strategies to increase profitability
Threats
•Elements in an organization’s external environment that
endanger or jeopardize the integrity, profitability and/or reliability
of an organization