BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Honest and Real
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Theoretical
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Unrealistic
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Based on future events
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Detailed explanation-1: -The four points of a proper SWOT analysis are Strengths, Weaknesses, Opportunities and Threats. Strengths and Weaknesses focus internally on the business being evaluated, while Opportunities and Threats look at competition and things going on externally.
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). You will need to review and act on the results from the SWOT analysis.
Detailed explanation-3: -The four steps of SWOT analysis comprise the acronym SWOT: strengths, weaknesses, opportunities, and threats.
Detailed explanation-4: -Six Simple Rules for a Successful SWOT Analysis SWOT should always be specific. Avoid grey areas. Stay focused on the topic being analyzed, in this case, the workforce. Always apply SWOT in relation to your competition, i.e. better than or worse than your competition.