Outsourcing Evolution: SWOT Assessments

by Sara Cullen

A SWOT analysis is a tool used for many purposes in business. The acronym stands for strengths, weaknesses, opportunities, and threats. As shown in Figure 1, strengths and weaknesses represent internal factors; opportunities and threats represent external factors. Strengths and opportunities are to be built or maintained; weaknesses and threats are to be eliminated or mitigated.

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Outsourcing Evolution: SWOT Assessments October 2005