BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -SWOT analysis helps us to identify every opportunity we have, by which we can make best use of those opportunities. In the option it is given that SWOT analysis reduce the opportunities of a business which is incorrect. Therefore, SWOT analysis don’t reduce the opportunities of a business.

Detailed explanation-2: -Explanation: This is usually the CEO, but it could be delegated to someone else in charge of business strategy. You’ll want to follow this process of generating ideas for each of the four quadrants of your SWOT analysis: Strengths, Weaknesses, Opportunities, and Threats.

Detailed explanation-3: -SWOT analysis is used across industries to measure Strengths, Weaknesses, Opportunities and Threats of a business venture. Although it’s mainly used to assess business ventures, it can also be easily used to measure almost anything that is influenced by external and internal factors.

Detailed explanation-4: -You should be doing a SWOT analysis (and the scenario analysis that goes with it) a couple times a year. If you’re in rapid growth mode or in a very volatile market, you should be doing it even more frequently.