The SWOT analysis is a process for determining a firm's
A) mission statement, strengths, weaknesses, and opportunities.
B) mission statement, strengths, weaknesses, and threats.
C) strengths, weaknesses, threats, and core competency.
D) strengths, weaknesses, opportunities, and threats.
E) strengths, weaknesses, opportunities, and core competency.

Question

Quizplus · Accepted Answer

The SWOT analysis is a tool used to determine a firm's Strengths, Weaknesses, Opportunities, and Threats. It helps organizations identify internal factors that can be leveraged for competitive advantage and external factors that may hinder their success. Choice D is the most accurate as it includes all four elements of a SWOT analysis.

The SWOT Analysis Is a Process for Determining a Firm's