When running a SWOT analysis, one should also consider personal strengths and weaknesses because
A) business owners should evaluate those items where they are weak.
B) business owners should list those items that they really dislike doing.
C) business success requires that owners have no weaknesses.
D) both A and B above.
E) both B and C above.

Question

Quizplus · Accepted Answer

A SWOT analysis involves assessing strengths, weaknesses, opportunities, and threats. Considering personal strengths and weaknesses is crucial because it helps business owners identify areas where they excel and areas that need improvement or support, including tasks they dislike but are necessary for business operations. This comprehensive self-awareness can lead to more effective business strategies and decision-making.

When Running a SWOT Analysis, One Should Also Consider Personal