BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ENTREPRENEURIAL DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SWOT analysis s stands for?
A
Success
B
Strength
C
Strategy
D
Survey
Explanation: 

Detailed explanation-1: -SWOT Analysis is an acronym for Strengths, Weaknesses, Opportunities and Threats. This is a powerful strategic management and planning tool.

Detailed explanation-2: -A SWOT analysis helps find the best match between environmental trends (opportunities and threats) and internal capabilities. A strength is a resource or capacity the organisation can use effectively to achieve its objectives.

Detailed explanation-3: -SWOT stands for: Strength, Weakness, Opportunity, Threat. A SWOT analysis guides you to identify your organization’s strengths and weaknesses (S-W), as well as broader opportunities and threats (O-T). Developing a fuller awareness of the situation helps with both strategic planning and decision-making.

Detailed explanation-4: -Strengths (S) and weaknesses (W) refer to internal factors, which are the resources and experience readily available to you. These are some common internal factors: Financial resources (funding, sources of income and investment opportunities) Physical resources (location, facilities and equipment)

There is 1 question to complete.