What Is a SWOT Analysis

question 318

Multiple Choice

What is a SWOT analysis?

• A)Evaluates an organization's strengths, weaknesses, opportunities, and threats to identify significant influences that work for or against business strategies.
• B)Analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry.
• C)Views a firm as a series of business processes, each of which adds value to the product or service.
• D)Generic business strategies that are neither organization nor industry specific and can be applied to any business, product, or service.

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Definitions:

Supervisors

Individuals who have the authority and responsibility to oversee and direct the work of others in a workplace setting.

Adjusting

The process of adapting or changing one’s behavior, thoughts, or attitudes to better suit new conditions or environments.

Cope

The process of effectively dealing with something difficult or distressing, often involving adapting to circumstances or making adjustments.

Attitude

A settled way of thinking or feeling about something, often reflected in a person's behavior.