Which of the following are parts of SWOT Analysis?
Each correct answer represents a complete solution. Choose all that apply.
A.
Weaknesses
B.
Tools
C.
Threats
D.
Opportunities
E.
Strengths
Explanation:
SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses,
Opportunities, and Threats involved in a project or in a business venture. It involves specifying the
objective of the business venture or project and identifying the internal and external factors that
are favorable and unfavorable to achieving that objective. The technique is credited to Albert
Humphrey, who led a research project at Stanford University in the 1960s and 1970s using data
from Fortune 500 companies.
Answer B is incorrect. Tools are not the parts of SWOT analysis.