

SWOT analysis applications: An integrative literature review


1. Introduction Background SWOT analysis, an acronym for Strengths, Weaknesses, Opportunities, and Threats, is a strategic planning tool that has been widely utilized across various sectors to guide decision-making and strategy formulation. The concept of SWOT analysis originated in the 1960s, attributed to Albert Humphrey during his work at the Stanford Research Institute. It was developed as a method