What Are the Farm’s Strengths, Opportunities, and Threats?
The traditional SWOT analysis involves identifying and analyzing a farm’s strengths, weaknesses, opportunities, and threats. A strength is something a business is good at doing or a characteristic that gives it an important capability. A core competency is something a company does especially well in comparison to its competitors. A weakness is something a company lacks or does poorly or a condition that puts it at a disadvantage. Strengths and weaknesses are internal conditions for the farm.