Fred has been assigned to conduct a SWOT analysis for his organization, Acme, Inc. As part of this assignment, Fred will:
A) conduct an external wage survey.
B) assess the strengths, weaknesses, opportunities, and threats that impact his firm.
C) choose a grand strategy for his firm.
D) do a cost-benefit analysis.
E) develop a mission.

Question

Quizplus · Accepted Answer

As stated in the question, Fred has been assigned to conduct a SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis for Acme, Inc. Therefore, his main task is to assess these factors that impact his firm. Conducting an external wage survey, choosing a grand strategy, doing a cost-benefit analysis, and developing a mission may be important tasks for an organization, but they are not directly related to conducting a SWOT analysis.

Fred Has Been Assigned to Conduct a SWOT Analysis for His