SWOT Strategy while accomplishing tasks and measures, it gives every employee a clear goal tokeep in mind.

STRATEGIC MANAGEMENT

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	True
B	False

Explanation:

Detailed explanation-1: -A SWOT analysis helps you assess internal factors that might affect your business (strengths and weaknesses) and external factors (opportunities and threats). You will need to review and act on the results from the SWOT analysis.

Detailed explanation-2: -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.

Detailed explanation-3: -SWOT analysis helps us to identify every opportunity we have, by which we can make best use of those opportunities. In the option it is given that SWOT analysis reduce the opportunities of a business which is incorrect. Therefore, SWOT analysis don’t reduce the opportunities of a business.

Detailed explanation-4: -SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats.

There is 1 question to complete.

BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

STRATEGIC MANAGEMENT