The most important payoff of doing a thorough SWOT analysis is
A)identifying whether the company's value chain is cost effective vis-à-vis the value chains of rivals.
B)helping strategy makers benchmark the company's resource strengths against industry key success factors.
C)enabling a company to assess its leverage in negotiations with buyers.
D)revealing whether a company's market share,measures of profitability,and sales compare favorably or unfavorably vis-à-vis key competitors.
E)assisting strategy makers in drawing conclusions about the company's overall situation and crafting a strategy that is well-matched to the company's resources and capabilities,its market opportunities,and the external threats to its future well-being.

Question

Quizplus · Accepted Answer

The most important payoff of doing a thorough SWOT analysis is assisting strategy makers in drawing conclusions about the company's overall situation and crafting a strategy that is well-matched to the company's resources and capabilities, its market opportunities, and the external threats to its future well-being. While all the options given are relevant to some extent, E encompasses the core objective of a SWOT analysis. It helps in identifying the company's internal strengths and weaknesses and external opportunities and threats, which helps in designing a strategy that can leverage the company's strengths and opportunities, minimize weakness, and counter the threats.

The Most Important Payoff of Doing a Thorough SWOT Analysis