The purpose of SWOT analysis is to ________.
A) examine a company's strengths, weaknesses, opportunities, and threats
B) examine internal and external factors affecting a firm
C) assist with strategy formulation
D) all of the above

Question

Quizplus · Accepted Answer

SWOT analysis is a tool used to examine a company's internal strengths and weaknesses as well as external opportunities and threats. The purpose of this analysis is to help with strategy formulation by identifying areas where the company can improve or take advantage of opportunities, as well as areas where the company may be at risk. Therefore, all of the options listed in the question are correct.

The Purpose of SWOT Analysis Is to ________