The Main Problem of SWOT as a Framework for Strategy

question 9

Multiple Choice

The main problem of SWOT as a framework for strategy analysis is that:

• A)Distinguishing opportunities from threats and strengths from weaknesses is often difficult
• B)It has now been superseded by more sophisticated analytical frameworks
• C)It is focused on strategy formulation and fails to take account of strategy implementation
• D)It is so widely used that it no longer has any novelty.

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Definitions:

Marketing Concept

A business philosophy suggesting that success is achieved by focusing on the needs and wants of target markets.

Response Time

The duration it takes for a system or service to react to a specific request.

Lifetime Value

The total net profit a company expects to earn from a customer over the duration of their relationship.

Empowerment

The process of increasing the capacity of individuals or groups to make decisions and implement changes in their own lives and communities.