BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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6
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9
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5
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2
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Detailed explanation-1: -Explanation: SWOT Matrix contains nine cells in which four are key factor cells, four strategy cells and one blank cell.
Detailed explanation-2: -A SWOT analysis consists of four cells labeled Strenghts, Weaknesses, Opportunities, and Threats. The strengths and weaknesses perform an internal look at that organization to find areas the organization performs well and those where improvement may be necessary.
Detailed explanation-3: -The SWOT matrix visually presents a company’s strengths, weaknesses, opportunities and threats. This allows managers to visualize how different factors in the company’s environment can influence outcomes and what to do to increase success rates.
Detailed explanation-4: -The Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix is an important matching tool that helps managers develop four types of strategies: SO (strengths-opportunities) strategies, WO (weaknesses-opportunities) strategies, ST (strengths-threats) strategies, and WT (weaknesses-threats) strategies.