________ analysis is an overall evaluation of the company's strengths, weaknesses, opportunities, and threats.
A) Porter's five forces
B) A breakeven
C) A regression
D) A SWOT
E) A cluster

Question

Quizplus · Accepted Answer

SWOT analysis is a strategic planning tool used to evaluate a company's internal and external environment. It stands for Strengths, Weaknesses, Opportunities, and Threats. This analysis helps companies to identify their key strengths, weaknesses, opportunities for growth, and potential threats that may impact their business operations. Porter's five forces analysis is another strategic planning tool that focuses on analyzing the competitive forces in an industry, whereas breakeven and regression analyses are financial and statistical tools respectively that are used to assess profitability and relationships between variables. Cluster analysis is a statistical technique used to group data points into clusters or segments based on similarities. Therefore, SWOT analysis is the best choice for the given scenario.

________ Analysis Is an Overall Evaluation of the Company's Strengths