The two most important parts of SWOT analysis are
A)pinpointing the company's competitive assets and pinpointing its competitive liabilities.
B)identifying the company's resource strengths and identifying the company's best market opportunities.
C)identifying the external threats to a company's future profitability and pinpointing how many market opportunities it has.
D)drawing conclusions from the SWOT listings about the company's overall situation and translating these conclusions into strategic actions to better match the company's strategy to its resource strengths and market opportunities, correct the important weaknesses, and defend against external threats.
E)making accurate lists of the company's strengths, weaknesses, opportunities, and threats and then using these lists as a basis for ascertaining how well the company's strategy is working.

Question

Quizplus · Accepted Answer

While all options are important components of a SWOT analysis, the most important parts involve drawing conclusions from the SWOT listings and translating those conclusions into strategic actions. These actions can include leveraging resource strengths and market opportunities, correcting important weaknesses, and addressing external threats. Without this final step, a SWOT analysis is incomplete and does not provide actionable insights for the company.

The Two Most Important Parts of SWOT Analysis Are