Learning Path
Question & Answer1
Understand Question2
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Explore TopicChoose the Best Answer
A
True
B
False
Understanding the Answer
Let's break down why this is correct
Answer
True. A SWOT analysis lists internal weaknesses and external opportunities side by side, allowing a company to see how a weakness might open a new market or spur innovation. By comparing the two, managers can spot places where fixing a weakness creates a competitive advantage. For example, a company that sees its slow IT system (a weakness) as a chance to invest in cloud services (an opportunity) can grow faster. Thus, SWOT can reveal growth chances that stem from internal shortcomings.
Detailed Explanation
A SWOT analysis looks at Strengths, Weaknesses, Opportunities, and Threats. Other options are incorrect because Some think a weakness can become an opportunity, but that mixes up internal problems with external chances.
Key Concepts
SWOT Analysis
Strategic Planning
Business Growth
Topic
SWOT Analysis
Difficulty
hard level question
Cognitive Level
understand
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