English Academic Skills

English Academic Skills

SWOT Analysis of Next plc
 SWOT analysis also known as SWOT matrix is the acronym
used for Strength, Weakness, Opportunities and Threat of an
organisation.
 This analysis can be carried out for a company, product,
industry, place and person.
 SWOT identification is the important factor they can help a
company or organisation to plan their further steps for
company in order to achieve their objectives.

WEAKNESS
 The major weakness of the company is high priced products
along with the application of large amount of investment by
company in conducting research regarding procedures of
increasing sales.
 For all the clothing brands there is need to invest more in clothes
rather in research regarding increasing sale of company.
 Another important weakness of Next plc is that their profit
margins have been declined as compared to previous years.