While conducting internal and external analyses,a firm may develop a series of four statements that together make up a SWOT analysis.SWOT stands for:
A) strategies, weaknesses, objectives, and targets.
B) systems, weaknesses, opportunities, and targets.
C) strengths, weaknesses, objectives, and threats.
D) strengths, weaknesses, opportunities, and threats.

Question

Quizplus · Accepted Answer

SWOT stands for strengths, weaknesses, opportunities, and threats. This framework is used to evaluate a company's internal and external environment to identify areas of strength and weakness and to capitalize on opportunities while minimizing potential threats.

While Conducting Internal and External Analyses,a Firm May Develop a Series