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4 August, 20:16

SWOT analysis is a method of determining external strengths and weaknesses and internal opportunities and threats. True False

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Answers (1)
  1. 4 August, 23:21
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    False

    Explanation:

    SWOT analysis is a method of determining external strengths and weaknesses and internal opportunities and threats is a FALSE statement. SWOT analysis means

    Strength

    Weakness

    Opportunities

    Threat

    Strength and weaknesses are the internal factors not external ones, strength and weakness comes from inside of the organisation. Any organisation capability to serve the customers well, having red hot selling products, creative employees can be its strength. If these elements are not performing well, they can become the weakness as well, therefore, SW is related with the internal environment of the organisation.

    In the same way, opportunities and threats are posed by the outside environment, they are not internal elements and factors. Political, social, technological and legal environment can create both treat as well new and exciting opportunities for the organization.
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