Fred has been asked to conduct a SWOT analysis for his organization, Acme, Inc.As part of this assignment, Fred will be most likely to _____.
A)conduct an external wage survey
B)identify his firm's strengths and weaknesses
C)choose a grand strategy for his firm
D)do a cost-benefit analysis
E)develop a mission

Question

Quizplus · Accepted Answer

The purpose of a SWOT analysis is to identify an organization's internal strengths and weaknesses, as well as external opportunities and threats. Therefore, Fred will be most likely to identify his firm's strengths and weaknesses. Conducting an external wage survey, choosing a grand strategy, doing a cost-benefit analysis, and developing a mission are all separate activities that may be related to strategic planning but are not directly related to a SWOT analysis.

Fred Has Been Asked to Conduct a SWOT Analysis for His