SWOT analysis is frequently used by companies to assess the viability of a new project or an existing one. The goal of this analysis is to provide __________ into the company's past performance and ___________ about its future performance.

Question

Quizplus · Accepted Answer

SWOT analysis provides insight into past performance and foresight about future performance.
Key Takeaway: Strengths, Weaknesses, Opportunities, Threats (SWOT) analysis is a common tool that helps a company gain insight about why projects have succeeded or failed in the past. SWOT analysis also provides valuable information about future viability and performance.

SWOT Analysis Is Frequently Used by Companies to Assess the Viability