BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What does SWOT mean?
A
Strengths and Weaknesses, Opportunities and Treats
B
Straight and Weaknesses, Opportunities and Threats
C
Strengths and Wages, Opportunities and Threats
D
Strengths and Weaknesses, Opportunities and Threats
Explanation: 

Detailed explanation-1: -SWOT (strengths, weaknesses, opportunities, and threats) analysis is a method for identifying and analyzing internal strengths and weaknesses and external opportunities and threats that shape current and future operations and help develop strategic goals.

Detailed explanation-2: -SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and so a SWOT analysis is a technique for assessing these four aspects of your business.

Detailed explanation-3: -Strengths and weaknesses are usually considered internal, while opportunities and threats are usually considered external. The degree to which the internal strengths of the firm matches with the external opportunities is expressed by the concept of strategic fit.

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