The two most important parts of SWOT analysis are

identifying the company's resource strengths and identifying the company's best market opportunities.

making accurate lists of the company's strengths, weaknesses, opportunities, and threats and then using these lists as a basis for ascertaining how well the company's strategy is working.

Question

Business

Kaleigh Dickerson

7 June, 18:25

The two most important parts of SWOT analysis are

identifying the company's resource strengths and identifying the company's best market opportunities.

making accurate lists of the company's strengths, weaknesses, opportunities, and threats and then using these lists as a basis for ascertaining how well the company's strategy is working.

+5

Answers (2)

Know the Answer?

Arely · Answer 1

Identifying the company's resource strengths identifying the company's best market opportunities

Explanation:

SWOT (strengths, weakness, opportunity and Threats) Analysis is a planning technique used by individual and corporate organizations to identify the weakness and strengths of the company and how best to maximize the strengths of the organization and minimize the weakness of the organization towards the external opportunities and threats the business might face in the open market.

The most important parts of SWOT analysis involves identifying the company's resource strengths and identifying the company's best market opportunities because these are the main purpose of the SWOT analysis.

Yasmin Larsen · Answer 2

Drawing conclusions from the SWOT listings about the company's overall situation and translating these conclusions into strategic actions to better match the company's strategy to its resource strengths and market opportunities, correct the important weaknesses, and defendagainst external threats.