A SWOT analysis evaluates a company's external environment in order to find attractive opportunities and evade environmental successes.
Understand the Problem
The question is evaluating your understanding of SWOT analysis, specifically if it analyzes the external environment to find opportunities and evade threats. You need to determine if the statement is true or false.
Answer
The statement is incorrect. A SWOT analysis evaluates both internal and external factors.
The statement is incorrect. A SWOT analysis evaluates both the internal and external environment of a company to identify strengths, weaknesses, opportunities, and threats.
Answer for screen readers
The statement is incorrect. A SWOT analysis evaluates both the internal and external environment of a company to identify strengths, weaknesses, opportunities, and threats.
More Information
SWOT analysis is a strategic planning tool that helps organizations evaluate their internal strengths and weaknesses, as well as external opportunities and threats.
Tips
A common mistake is to only focus on one aspect of the SWOT analysis, such as only looking at external opportunities while neglecting internal strengths and weaknesses.
Sources
- SWOT Analysis With SWOT Templates and Examples! - Mindtools - mindtools.com
- SWOT Analysis - Benchmark Six Sigma - benchmarksixsigma.com
- SWOT analysis | Business Queensland - business.qld.gov.au
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