Title: 2. Task: A SWOT Analysis
Course: Entrepreneurship and Entrepreneurial Activities 1 cp (VIERKO TP1) > Section: Developing a Business Idea and the Possibilities to Implement it

Study outcomes

The student

- determine the risks and opportunities involved in business

A SWOT Analysis: Risks and Possibilities

To succeed as an entrepreneur, you have to be ready to take controlled risk. Business risks can be e.g. financial risks, information security risks, contractual risks, liability risks, business interruption risks or environmental risks. You can partially prepare for risks with insurance.

A SWOT analysis is a strategic tool for evaluating and understanding some essential internal and external factors in a business, your experience, knowledge, and strengths. Swot analysis allows you to map the strengths, weaknesses, opportunities and threats of a business idea, entrepreneur, and company. This technique can also be used at the business ideation stage and will help you understand if you should introduce a new product or service.




Task

Document all essential strengths and weaknesses, opportunities, and threats on your business idea that you presented previously. 

Submit your business idea SWOT analysis below.




How to use sources AI

     Use of AI is allowed with limitations according to the task instructions.

You may use AI for brainstorming tasks and creating images. You cannot directly copy text generated by AI. You must write the text in your own words. When you use AI, include a reference at the end of the text: (AI application used, description of use, and date).

AI utilizes materials available on the internet, which may be incorrect or copyrighted. You must ensure that the information generated by AI is accurate. The responsibility is yours.

Submit task

How to Submit Your Task

Submit your task by clicking the “Add submission” button below.

Submitting a text response:

1. Download and save the attached SWOT analysis to your computer.
2. Write your answer in the SWOT.
3. Save it and attach it to your task submission.
4. Confirm submission by clicking the “Save changes” button.

 With the learning task, you demonstrate that you have achieved the learning objectives. The teacher will assess the learning task on a scale...