Final answer:
The summed weights for opportunities should generally exceed the summed weights for threats in strategic analysis. This is because firms strive to formulate and implement strategies based on opportunities rather than being driven by threats.
Step-by-step explanation:
In a strategic analysis, it is common for firms to assign weights to both opportunities and threats. However, the summed weights for opportunities should typically exceed the summed weights for threats. This is because firms focus on formulating and implementing strategies based on opportunities and strengths rather than being solely driven by threats and weaknesses.
By assigning higher weights to opportunities, firms prioritize the potential positive outcomes and advantages they can capitalize on. This allows them to create strategies that leverage their strengths and capitalize on market trends and favorable conditions.
It is important for firms to be proactive in identifying and pursuing opportunities rather than being solely defensive and reactive to potential threats. By focusing on opportunities, firms are more likely to achieve growth and success in their respective industries.