BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Strengths and Weaknesses
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Strengths and Opportunities
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Opportunities and Threats
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Weaknesses and Threats
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Detailed explanation-1: -Essentially, a SWOT analysis is an examination of the internal and external factors that impact the organization and its strategies. The internal factors are strengths and weaknesses; the external factors are opportunities and threats.
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: -Examples of external threats include new and existing regulations, new and existing competitors, new technologies that may make your products or services obsolete, unstable political and legal systems in foreign markets, and economic downturns.
Detailed explanation-4: -The two internal elements of SWOT analysis are strengths and weakness. The acronym SWOT stands for Strengths, Weaknesses, Opportunities and Threats. IE Matrix is the other name give to SWOT. SWOT analysis is to analyze the business environment and the strategic capability of an organization relative to its competitors.