Discuss Swot Technique Respect Least One Element Identified Two Four Quadrants Explain Kno Q34254882

Discuss the SWOT technique with respect to at least one elementeach that you identified in two of the four quadrants. Explain howthis knowledge could be used in the strategic planning processwithin The Banking Industry, Bank of America.

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The SWOT analysis enables organizations to identify internal andexternal influences to help organizations make informed strategicdecisions and improve business operations (Taylor, 2016). SWOTstands for strengths, weaknesses, opportunities and threats; it isan analytical framework that is identifies the positive andnegative elements and helps companies to effectively communicatewhat parts of a plan need to be recognized (Taylor, 2016).Themethod was created