Which of the Following MOST Accurately Defines SWOT Analysis

question 56

Multiple Choice

Which of the following MOST accurately defines SWOT analysis?

• A) A method of comparing the benefit, function and cost of materials, components and work processes
• B) A self-assessment framework
• C) It is used to project the profit potential of new accounts
• D) A tool that is used to explore mental structures of beliefs and assumptions
• E) A set of tools for comparing performance outcomes or expectations on specific criteria

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Definitions:

David A. Garvin's Model

A framework developed by David A. Garvin that outlines eight dimensions of product quality, including performance, features, reliability, conformance, durability, serviceability, aesthetics, and perceived quality.

Learning Organization

An organization that prioritizes and facilitates continuous learning and development among its members, adapting and evolving in response to changes and challenges.

Continuous Improvement

An ongoing effort to improve products, services, or processes by making incremental enhancements over time.

Certainty

The state of being certain or confident in something, without any doubt.