A _____ identifies threats and opportunities in the external environment as well as organizational strengths and weaknesses .
A) Learning Cycle
B) SWOT Analysis
C) Nominal Group Technique
D) Delphi Technique
E) Checklist

Question

Quizplus · Accepted Answer

SWOT analysis is a strategic planning tool that helps identify and evaluate the strengths, weaknesses, opportunities, and threats in the external environment and within an organization. It involves analyzing internal factors, such as resources and capabilities, as well as external factors, such as market trends, competitors, and regulations. By conducting a SWOT analysis, organizations can develop a more effective strategy for achieving their goals and staying competitive.

A _____ Identifies Threats and Opportunities in the External Environment