BUSINESS ADMINISTRATION
INTERNATIONAL MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In a SWOT analysis what evaluates the external factors that the environment brings to a business?
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Opportunities
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Threats
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Strengths and weaknesses
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Opportunities and threats
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Explanation:
Detailed explanation-1: -PEST Analysis (Political, Economic, Social and Technological) is an analytical method used by companies to determine what major external factors could affect their business.
Detailed explanation-2: -A SWOT analysis helps you assess internal factors that might affect your business (strengths and weaknesses) and external factors (opportunities and threats).
Detailed explanation-3: -SWOT Analysis is a method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats that exist in the area in which the CoP functions. In this context, it is used to assess the environment in which the CoP functions as well as resources and needs that add to the picture.
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