Which of the following statements is true of the SWOT analysis?
A)It can be used to identify an organization's internal strengths and weaknesses,but not the external threats posed by competitors.
B)It can be used to identify an organization's external strengths and weaknesses,but not its internal strengths and weaknesses.
C)It gives the strategic planning team of an organization all the information it needs to generate a number of strategic alternatives.
D)It fails to recognize the opportunities and threats in the external environment that are people-related.
E)An analysis of a company's internal strengths and weaknesses using the SWOT analysis eliminates the need for input from the HRM function.

Question

Quizplus · Accepted Answer

The SWOT analysis provides strategic planning teams with the information needed to generate a number of strategic alternatives. It takes into account both internal and external factors, including strengths, weaknesses, opportunities, and threats, allowing organizations to develop a comprehensive understanding of their situation and plan accordingly. However, it may not necessarily identify all possible threats, particularly those related to people, such as shifts in demographics or changes in consumer preferences. Additionally, input from HRM is often critical in identifying internal strengths and weaknesses related to the organization's workforce.

Which of the Following Statements Is True of the SWOT