BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
____ are basically defensive strategies and primarily aimed at minimizing weaknesses and avoiding threats.
A
WT STRATEGIES
B
ST STRATEGIES
C
WO STRATEGIES
D
SO STRATEGIES
Explanation: 

Detailed explanation-1: -IN the TOWS matrix, the WT quadrant represents intersection of internal weaknesses (W) and external threats (T) for a given organization. Thus the WT strategies are basically defensive strategies which are primarily meant to minimize internal weaknesses and avoid external threats.

Detailed explanation-2: -USE a TOWS matrix to take advantage of your external opportunities and minimize threats. TOWS Analysis is an extension of the classic analytics tool, SWOT Analysis. TOWS and SWOT are acronyms for different arrangements of the words: Strengths, Weaknesses, Opportunities and Threats.

Detailed explanation-3: -WT strategy = weaknesses combined with threats = Exit. For instance: strong relations between strengths and opportunities. suggest using attack strategy. Strong interaction between weaknesses. and threats indicate using defend strategy.

Detailed explanation-4: -WO strategies-are aimed at improving internal weaknesses by taking advantage of external opportunities. ST strategies-use a firm’s strengths to avoid or reduce the impact of external threats. WT strategies-are defensive tactics directed at reducing internal weaknesses and avoiding external threats.

Detailed explanation-5: -S-T strategies identify ways that the firm can use its strengths to reduce its vulnerability to external threats. W-T strategies establish a defensive plan to prevent the firm’s weaknesses from making it highly susceptible to external threats.

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