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30 September, 00:13

Which of the following best defines a SWOT analysis? Group of answer choices

It involves assessment of the strengths and weaknesses in an organization's internal environment.

It measures the tangible rather than the intangible assets of an organization.

It is conducted by regulatory agencies to measure the performance of organizations.

Its aim is to review internal processes independently of the external industry environment

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  1. 30 September, 00:23
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    The correct option is its aim is to review internal processes independently of the external industry environment

    Explanation:

    The first option is wrong because it only made mention of the internal strengths and weaknesses, there is no mention of external opportunities and threats

    The second option is obviously wrong as SWOT has no direct link with classifying assets as tangible or intangible.

    It is not conducted by regulatory agencies as it is not a regulatory requirement

    Lastly, internal processes refer to strengths and weakness while opportunities and threats emanate from the external industry environment
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