What are the 3 C’s in SWOT analysis?

The 3 C’s in SWOT analysis concentrate on the strategic triangle comprising customers, competitors, and the corporation. These components play a vital role in evaluating strengths, weaknesses, opportunities, and threats. They assist companies in understanding external factors as well as internal capabilities efficiently.

By grasping this triangle, businesses can better position themselves within the market, respond effectively to competitive challenges, and address customer requirements more proficiently. This enables them to plan strategically for the future and achieve sustained business success.