SWOT Analysis Flashcards
1
Q
Is a technique used in analyzing the internal and external factors in a certain situation
A
SWOT Analysis
2
Q
What does SWOT Analysis stand for?
A
- Strengths
- Weaknesses
- Opportunities
- Threats
3
Q
These are the strong points of a business or its advantage over competitors
A
Strengths
4
Q
These are the limitations of the business that can be barriers to the attainment of organizational goals.
A
Weaknesses
5
Q
These are the external factors that will give you advantage to succeed in business.
A
Opportunities
6
Q
These are external factors in the business environment that can hinder a business from performing well.
A
Threats
7
Q
In the acronym SWOT, Strenghts and Weaknesses are _______
A
Internal Factors
8
Q
In the acronym SWOT, Opportunities and threats are ________
A
External Factors
