Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does SWOT stand for in the context of evaluating ideas/innovations?
What does SWOT stand for in the context of evaluating ideas/innovations?
- Strategies, Workforce, Optimization, Time
- Strengths, Weaknesses, Opportunities, Threats (correct)
- Success, Wealth, Organization, Technology
- Support, Wisdom, Operations, Teamwork
What is one of the key factors worth considering when evaluating the potential success of something using the SWOT tool?
What is one of the key factors worth considering when evaluating the potential success of something using the SWOT tool?
- Design
- Opportunities (correct)
- Costs
- Publicity
How can the SWOT tool be applied according to the text?
How can the SWOT tool be applied according to the text?
- To products, services, businesses, and even ourselves (correct)
- Only to physical products
- For personal hobbies only
- Exclusively to large corporations
What is one of the main purposes of using the SWOT analysis tool?
What is one of the main purposes of using the SWOT analysis tool?
Signup and view all the answers
Why is it important to consider threats when using the SWOT tool?
Why is it important to consider threats when using the SWOT tool?
Signup and view all the answers
