What Is A Swot Analysis In Strategic Management?

6 Questions | Total Attempts: 192

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A situational analysis (SWOT) focuses on four areas of your business: Strengths (S), Weaknesses (W), Opportunities (O), and Threats (T). Strengths and Weaknesses cover internal issues, and Opportunities and Threats are external or environmental issues. Effective strategic planning requires a careful analysis of all four areas. The following SWOT analysis will help you to quantify your current strategic position. This is only a partial SWOT analysis


Questions and Answers
  • 1. 
    We have adequate financial resources.
    • A. 

      Agree

    • B. 

      Disagree

  • 2. 
    We have competitive skills.
    • A. 

      Agree

    • B. 

      Disagree

  • 3. 
    We have a high level of competence.
    • A. 

      Agree

    • B. 

      Disagree

  • 4. 
    We are ahead on the experience curve.
    • A. 

      Agree

    • B. 

      Disagree

  • 5. 
    We have a better advertising campaign then the competitors.
    • A. 

      Agree

    • B. 

      Disagree

  • 6. 
    We have good reputation with buyers.
    • A. 

      Agree

    • B. 

      Disagree

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