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Question
for each statement about swot analysis, select true or false. strengths identified in a swot analysis are new actions a business should implement. true acting on weaknesses identified in a swot analysis can be challenging but often necessary to grow business. threats identified in a swot analysis are the most difficult element to mitigate. false opportunities identified in a swot analysis are not meant to be actionable.
Brief Explanations
- Strengths in SWOT analysis are internal - positive aspects. They help identify areas where a business can excel and often lead to new actions a business should implement, so the first statement is True.
- Weaknesses are internal - negative aspects. Addressing weaknesses can be challenging but is necessary for business growth, so the second statement is True.
- Threats are external - negative factors. Mitigating threats is crucial but not always the most difficult element compared to other aspects in some cases, but generally threats are difficult to handle, so we can consider this True.
- Opportunities are external - positive factors. The whole point of identifying opportunities in SWOT is to take action on them, so the statement that they are not meant to be actionable is False.
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True
True
True
False