_________ analysis is used to help companies evaluate their economic environments,assess their strengths and weaknesses,and identify competitive threats and market opportunities.
A)WISH
B)SWAMP
C)ASSET
D)SWOT

Question

Quizplus · Accepted Answer

SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) is widely used by companies to assess their internal and external environment, by identifying their strengths and weaknesses, as well as the opportunities and threats in the market. The analysis helps the company to devise strategies that leverage their strengths and opportunities, while minimizing their weaknesses and threats. The other options (WISH, SWAMP, ASSET) do not represent commonly used methods of analysis for evaluating economic environments.

_________ Analysis Is Used to Help Companies Evaluate Their Economic