A SWOT analysis is a strategic planning tool that helps a manager identify the Strengths, Weaknesses, Opportunities, and Threats of a business or project. By analyzing these factors, a manager can develop a strategy that leads to a competitive advantage.

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A S.W.O.T. Analysis

Question 253

Multiple Choice

A S.W.O.T. analysis

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

Correct Answer: