A S.W.O.T. Analysis

question 36

Multiple Choice

A S.W.O.T. analysis

• A) should help a manager develop a strategy that leads to a competitive advantage.
• B) seeks to improve strategy planning by "scanning for warnings, omens, and tips" about competitors' plans.
• C) is not necessary if competitors have already entered the market.
• D) defends against potential competitive threats by planning specific "safeguards, weapons, or tactics."
• E) None of these is a good answer.

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Definitions:

For-Profit Corporations

Businesses that aim to generate profit for their owners and shareholders.

Government Agencies

Organizations established by a government to carry out specific functions or provide services on behalf of the government.

Volunteer Workers

Individuals who freely offer their time and skills to undertake tasks or provide services for charitable, nonprofit, or community groups without monetary compensation.

Narrow Mission

A clearly defined, focused purpose or objective of an organization, which directs its activities and priorities in a specific, targeted manner.