Learning Path
Question & Answer
Choose the Best Answer
By disregarding external threats and focusing solely on internal capabilities
By aligning strengths with opportunities identified in the external environment
By minimizing the impact of strengths on strategic decisions
By using strengths to highlight weaknesses in competitors
Understanding the Answer
Let's break down why this is correct
A good plan matches what the company can do well with chances outside. Other options are incorrect because Ignoring outside threats means the firm might miss big problems; Thinking strengths weaken decisions is a common mistake.
Key Concepts
SWOT Analysis
hard level question
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Deep Dive: SWOT Analysis
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Definition
SWOT analysis is a strategic planning technique used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to a business, product, or market. It helps in decision-making by assessing internal and external factors that can impact the organization's strategy and growth.
Topic Definition
SWOT analysis is a strategic planning technique used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to a business, product, or market. It helps in decision-making by assessing internal and external factors that can impact the organization's strategy and growth.
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