“SWOT is an acronym for the internal Strengths and Weaknesses of a firm and the environmental Opportunities and Threats facing that firm. SWOT analysis is a widely used technique through which managers create a quick overview of a company’s strategic situation. The technique is based on the assumption that an effective strategy derives from a sound “fit” between a firm’s internal resources (strengths and weaknesses) and its external situation (opportunities and threats). A good fit maximizes a firm’s strengths and opportunities and minimizes its weaknesses and threats. Accurately applied, this simple assumption has powerful implications for the design of a successful strategy.”

LVMH Moet Hennessy Louis Vuitton

LVMH Moet Hennessy Louis Vuitton (LVMH) produces and retails luxury goods under various categories and brands. LVMH is headquartered in Paris, France and employs approximately 77,087 people of which 12,161 are part-time.