In a SWOT analysis, the factors that are favorable for achieving organizational success are categorized as __________.

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Weaknesses

Threats

Strengths

Opportunities

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Answer

In a SWOT analysis, the factors that help an organization succeed are called Strengths and Opportunities. Strengths are internal assets, like skilled staff or strong brand, that give the firm an edge. Opportunities are external chances, such as a growing market or new technology, that the firm can exploit. Recognizing these helps a company focus its resources on what it does best and where it can grow. By doing so, the organization can build a clearer path to success.

Detailed Explanation

Strengths are the internal abilities that help a company win. Other options are incorrect because Weaknesses are limits that stop a firm from doing well; Threats are risks outside the company that could hurt it.

Key Concepts

SWOT Analysis

Strategic Planning

Business Strategy

Topic

SWOT Analysis

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easy level question

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Practice Similar Questions

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Question 1

In conducting a SWOT analysis, which of the following best describes how a company's strengths can be leveraged in its action plan when considering external factors?

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Question 2