Which of the following is true of a SWOT analysis?
A)It is typically performed by lower-level managers.
B)It is used to design a firm's mission and objectives.
C)It is independent of social and political factors.
D)It is designed to help a firm determine its own strengths.
E)It is usually conducted in the control phase of a market plan.

Question

Quizplus · Accepted Answer

A SWOT analysis is designed to help a firm determine its own strengths, weaknesses, opportunities, and threats, which is crucial for strategic planning and decision-making.

Which of the Following Is True of a SWOT Analysis