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Select the correct answer from the choices below which is corresponding with the following statement in STRATEGIC PLANNING TOOLS" : It is a methodology that surveys external opportunities and threats and relates them to internal strengths and weaknesses.

A.SWOT analysis
B.strategy map
C.balanced scorecard
D.BCG matrix

1 Answer

5 votes

Final answer:

The correct answer is A. SWOT analysis.

Step-by-step explanation:

The correct answer corresponding with the statement in STRATEGIC PLANNING TOOLS is A. SWOT analysis.

SWOT analysis is a methodology that surveys external opportunities and threats and relates them to internal strengths and weaknesses. It is a strategic planning tool used to identify and evaluate the strengths, weaknesses, opportunities, and threats of a business or organization.

The strategic planning tool that surveys external opportunities and threats and relates them to internal strengths and weaknesses is the SWOT analysis.

The correct answer from the choices given, that corresponds to the statement about a methodology that surveys external opportunities and threats and relates them to internal strengths and weaknesses, is A. SWOT analysis. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, which are the key components of this strategic planning tool. It helps organizations to assess their internal capabilities (Strengths and Weaknesses) and external possibilities or challenges (Opportunities and Threats) in the context of their strategic planning.

For example, if a company is considering launching a new product, they could use a SWOT analysis to assess the internal factors (such as their own strengths and weaknesses) as well as external factors (such as market opportunities and competitor threats) that could affect the success of the product.

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