SWOT Analysis: Business Strategy Quiz

What is the primary purpose of a SWOT analysis?

Which category of a SWOT analysis focuses on characteristics that place the business at a disadvantage relative to others?

What are the elements in the environment that could cause trouble for the business or project, according to a SWOT analysis?

Which characteristics do the strengths and weakness categories in a SWOT analysis primarily focus on?

In a SWOT analysis, what do weaknesses refer to?

Which of the following best describes strengths in a SWOT analysis?

What is the main characteristic of opportunities in a SWOT analysis?

What do threats represent in a SWOT analysis?

What does SWOT stand for?

What is the purpose of identifying SWOTs in a business context?

The primary purpose of a SWOT analysis is to identify and evaluate the internal and external factors that can impact a business or project.

The weaknesses category focuses on characteristics that place the business at a disadvantage relative to others.
Threats refer to the elements in the environment that could cause trouble for the business or project.

The strengths and weaknesses categories primarily focus on internal characteristics of the business.
Weaknesses refer to the internal characteristics that put the business at a disadvantage.
Strengths refer to the internal characteristics that give the business an advantage.

Opportunities are characterized by external factors that the business can leverage to its advantage.
Threats represent external factors that could harm the business.

The purpose of identifying SWOTs in a business context is to identify and evaluate the internal and external factors that can impact a business or project.