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.

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Definitions:

Ownership Structure

The configuration of the ownership rights and privileges among the various shareholders or stakeholders of a company.

Venture Capital

Financing provided by investors to startup companies and small businesses with perceived long-term growth potential.

Technical Contribution

A specific advancement or innovation in a field of technology or engineering.

Outstanding Advisors

Individuals or entities recognized for their exceptional expertise, guidance, and support in various professional fields.