A method widely used in marketing audits is a grid used to plot internal strengths and weak- nesses in one half of the grid and external opportunities and threats in the other half The terms opportunities and threats should not be viewed as'absolutes for, as Johnson, Scholes and Whittington(2004, p. 77) pointed out, what might appear at first sight to be an opportunity
may not be so when examined against an organization's resources and the feasibility of imple- menting a strategy. One organization's opportunity may be another's threat