What is the SWOT analysis definition in simple words? SWOT analysis is a situational analysis carried out for different purposes, usually but not necessarily by businesses. This analysis is used to assess four different factors related to any situation: StrengthsWeaknessesOpportunitiesThreats All these factors can be about a situation, an organization, or an individual’s … [Read more...] about What is a Simplified SWOT Analysis Definition in 4 Steps