Fred has been assigned to conduct a SWOT analysis for his organization, Acme, Inc. As part of this assignment, Fred will:
A) conduct an external wage survey.
B) search for the strengths, weaknesses, opportunities, and threats that impact his firm.
C) choose a grand strategy for his firm.
D) do a cost/benefit analysis.
E) develop a mission.

Question

Quizplus · Accepted Answer

The SWOT analysis specifically involves searching for the strengths, weaknesses, opportunities, and threats that impact the organization. Conducting an external wage survey, choosing a grand strategy, doing a cost/benefit analysis, and developing a mission may be related to strategic planning but are not specifically part of a SWOT analysis.

Fred Has Been Assigned to Conduct a SWOT Analysis for His