Business Analysis Tools: SWOT/TOWS Analysis
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Questions and Answers

Who are the groups or individuals affected by the achievement of the organization's mission, goals, and strategies?

  • Shareholders
  • Stakeholders (correct)
  • Stockholders
  • Entrepreneurs

    • Why is strategic management important?

  • It can make a difference in how well an organization performs
  • Examine relevant factors and decide what actions to take
  • Each part needs to work together toward achieving the organization's goals
  • All of the above (correct)

    • Which strategy determines what businesses a company is in or wants to be in and what it wants to do with those businesses?

  • Marketing strategy
  • Corporate strategy (correct)
  • Organization strategy
  • None of the above

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