Chapter 5: SWOT Flashcards
Are “Strengths” within SWOT Analysis determining the internal or external factors?
Internal
Are “Weaknesses” within SWOT Analysis determining the internal or external factors?
Internal
Are “Opportunities” within SWOT Analysis determining the internal or external factors?
External
Are “Threats” within SWOT Analysis determining the internal or external factors?
External
Which parts within the SWOT Analysis help determine the internal factors?
- Strengths
- Weaknesses
Which parts within the SWOT Analysis help determine the external factors?
- Opportunities
- Threats
What are the steps involved in going from a SWOT to a strategy?
1) Determine strategic issues
2) Determine potential strategies for the future
3) Decide on the strategy to implement
What should every strategy be evaluated on when going from SWOT to Strategy?
- Appropriateness (Yes/No)
- Feasability (Yes/No)
- Expected result & risk (Weighted score)