Learning Path
Question & Answer
Choose the Best Answer
Assessing competitive advantages over rivals
Understanding external challenges that could hinder progress
Recognizing internal limitations that need improvement
Exploring new market opportunities for growth
Understanding the Answer
Let's break down why this is correct
Threats are external problems that may harm the business. Other options are incorrect because Option A talks about advantages over rivals, which is a Strength, not a Threat; Threats are not internal limits; those are Weaknesses.
Key Concepts
SWOT Analysis
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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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