HomeQuestionsBusinessBusiness Analysis Techniques
📚 Learning Guide
Business Analysis Techniques
medium

In the context of business analysis techniques, a ___ analysis is a strategic planning tool used to identify the Strengths, Weaknesses, Opportunities, and Threats related to a business or project.

Master this concept with our detailed explanation and step-by-step learning approach

Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
Learn Explanation
4
Explore Topic

Choose AnswerChoose the Best Answer

A

PEST

B

SWOT

C

VRIO

D

Porter's Five Forces

Understanding the Answer

Let's break down why this is correct

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Other options are incorrect because This technique looks at political, economic, social, and technological forces; This framework checks if resources are valuable, rare, hard to copy, and organized.

Key Concepts

Business Analysis Techniques
Strategic Planning
SWOT Analysis
Topic

Business Analysis Techniques

Difficulty

medium level question

Cognitive Level

understand

Deep Dive: Business Analysis Techniques

Master the fundamentals

Definition
Definition

Business analysis techniques are methods used to evaluate and improve business processes, systems, and strategies. These tools help in identifying problems, opportunities, and solutions for enhancing organizational performance. Proficiency in business analysis techniques is valuable for driving innovation and efficiency.

Topic Definition

Business analysis techniques are methods used to evaluate and improve business processes, systems, and strategies. These tools help in identifying problems, opportunities, and solutions for enhancing organizational performance. Proficiency in business analysis techniques is valuable for driving innovation and efficiency.

Ready to Master More Topics?

Join thousands of students using Seekh's interactive learning platform to excel in their studies with personalized practice and detailed explanations.

Start Learning with SeekhExplore More Business Analysis Techniques Questions