A S.W.O.T. analysis
A) should help a manager develop a strategy that leads to a competitive advantage.
B) seeks to improve strategy planning by "scanning for warnings, omens, and tips" about competitors' plans.
C) is not necessary if competitors have already entered the market.
D) defends against potential competitive threats by planning specific "safeguards, weapons, or tactics."
E) None of the above is a good answer.

Question

Quizplus · Accepted Answer

A S.W.O.T. analysis helps a manager identify the strengths, weaknesses, opportunities, and threats of their organization or product. By doing so, they can develop a strategy that capitalizes on their strengths and opportunities while addressing their weaknesses and potential threats from competitors. This can lead to a competitive advantage in the market.

A S.W.O.T. Analysis