With the help of a SWOT analysis, an organization can find its correct niche.

Question

Quizplus · Accepted Answer

SWOT analysis helps an organization to identify its strengths, weaknesses, opportunities, and threats, which helps in finding the right niche for the organization to focus on. Understanding the organization's internal and external factors can help in determining its niche market, and SWOT analysis can aid in this process. Therefore, the statement is true.

With the Help of a SWOT Analysis, an Organization Can