A(n) ________ is useful in developing a strategic plan.
A) Competing values analysis
B) SWOT analysis
C) Systems analysis
D) Force field analysis
E) Organization development analysis

Question

Quizplus · Accepted Answer

SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis is commonly used in developing a strategic plan as it helps assess the organization's internal and external environment. It provides a framework for identifying the company's strengths and weaknesses, as well as opportunities and threats in the market, which can help inform the strategic direction the organization should take.

A(n) ________ Is Useful in Developing a Strategic Plan