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Questions and Answers
What is the main purpose of a SWOT analysis?
What is the main purpose of a SWOT analysis?
- To anticipate and control external threats
- To focus on the absence of certain strengths
- To identify significant influences that work for or against business strategies (correct)
- To evaluate an organization's strengths and opportunities
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Study Notes
SWOT Analysis
- Identifies the internal Strengths and Weaknesses of an organization
- Examines the external Opportunities and Threats that it faces
- Helps in strategic planning and decision-making
- Provides a comprehensive overview of the organization's position in the market
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