5 Questions
What is the primary purpose of SWOT analysis?
To evaluate a company’s competitive position and develop strategic planning
When do we use SWOT analysis according to the text?
To explore possibilities for new efforts or solutions to problems
What are considered internal factors in SWOT analysis?
Human resources and physical resources
Which of the following is considered an external factor in SWOT analysis?
Future trends in the fields and culture
How should SWOT analysis be developed according to the text?
Designate a leader with good listening skills and a recorder to back up the leader if the group is large
Study Notes
What is the primary purpose of SWOT analysis? When do we use SWOT analysis according to the text? What are considered internal factors in SWOT analysis? Which of the following is considered an external factor in SWOT analysis? How should SWOT analysis be developed according to the text?
Test your knowledge of SWOT analysis, a framework used to evaluate a company's competitive position and develop strategic planning. This quiz will assess your understanding of when to use SWOT analysis and how it can guide organizations in identifying strengths, weaknesses, opportunities, and threats.
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