Are nootropics, aka smart drugs, a smart investment? Should companies expand into this health-related niche? This SWOT analysis about nootropics can point you in the right direction.
If you have a business, you should be using SWOT analysis. It’s really that simple. If you decide to use SWOT analysis only a couple of times for your business, be sure to do it these two ways.
Every business analyst needs several tools on their belt to solve problems efficiently, such as PEST, SWOT, Risk, and Value Chain analysis.