Ask Question
BusinessBusiness
26 January, 04:28

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.

+1
Answers (2)
  1. 26 January, 04:30
    0
    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.
  2. 26 January, 04:56
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The two most important parts of SWOT analysis are identifying the company's resource strengths and identifying the company's best market ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Bourdon software has 10.6 percent coupon bonds on the market with 17 years to maturity. the bonds make semiannual payments and currently sell for 108.1 percent of par. what is the current yield on the bonds?
Answers (1)
In 1978, a 13-year-old boy was severely burned in a rear-end collision involving a ford pinto. the case went to court and ford was ordered to pay $125 million in punitive damages based on the legal principle of:
Answers (1)
What are the major causes of small-business failure? Do these causes also apply to larger businesses?
Answers (1)
Activities Costs Cost Driver Account inquiry (number of hours) $61,000 2,400 hours Account billing (number of bills) $35,000 17,000 bills Account verification (number of accounts) $13,000 20,000 accounts Correspondence (number of letters) $11,000
Answers (2)
Isaac has four potential jobs to consider, each with different salary offers. From highest to lowest, the salaries are: $47,500, $46,000, $45,000, and $42,000.
Answers (1)
New Questions in Business
A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for similar dishes at the other restaurants. What type of menu pricing tactic is he using
Answers (2)
Personal selling: A. Is indirect written communication between buyers and sellers. B. Is indirect spoken communication between buyers and sellers. C. Is not usually combined with other aspects of promotion in the total marketing mix. D.
Answers (1)
Elimination x-y=-8 and 3x + 7y = - 14
Answers (1)
Managers often base their hiring decisions on gut feelings. these feelings are typically formed within two minutes of meeting a job applicant and have little to do with the applicant's ability to do the job.
Answers (1)
Leesburg sold a machine for $2,200 on november 10th of the current year. the machine was purchased for $2,600. leesburg had taken $1,200 of depreciation deductions on the machine through the date of the sale.
Answers (1)
Home » Business » The two most important parts of SWOT analysis are identifying the company's resource strengths and identifying the company's best market opportunities.
Sign Up Forgot Password?