The Steps of SWOT Analysis Are

question 122

Multiple Choice

The steps of SWOT analysis are:

• A) identifying the company's resource strengths and weaknesses and its opportunities and threats,drawing conclusions about the company's overall situation,and translating the conclusions into strategic actions to improve the company's strategy.
• B) pinpointing the company's competitive assets,pinpointing its competitive deficiencies,and determining whether it enjoys a competitive advantage.
• C) determining whether the company has more competitive assets than competitive liabilities,determining whether the company has good market opportunities,and evaluating the seriousness of the threats to the company's future profitability.
• D) matching the company's strategy to its resource strengths,correcting the company's important resource weaknesses,and identifying the company's best market opportunities.
• E) benchmarking the company's strengths and weaknesses against those of key rivals,identifying its market opportunities and the external threats it faces,and determining the company's potential for establishing a competitive advantage over rivals.

---

Definitions:

Critical

Inclined to find fault or judge with severity, often too readily, involving analysis and evaluation.

Talk Therapy

A form of psychotherapy that involves discussing one's feelings, thoughts, and behaviors with a therapist to gain insight, resolve problems, or improve mental health.

Listening Therapy

A therapeutic approach that uses the act of listening to sound, music, or spoken word to improve physical or psychological conditions, often related to auditory processing issues or emotional wellbeing.

Intrapersonal Communication

The process of internal dialog or communication within an individual, involving thoughts, feelings, and self-reflection.