Question

The analysis that provides management with a critical view of the organization's position relative to its internal and external environment is known as?

1) SWOT analysis
2) strategic window analysis
3) leverage analysis
4) retail audit
5) opportunities awareness

Answer 1

The correct option is 1). The critical analysis known as SWOT analysis is used to assess an organization's strengths, weaknesses, opportunities, and threats, which aids in strategic planning.

Step-by-step explanation:

The analysis that provides management with a critical view of an organization's position relative to its internal and external environment is known as SWOT analysis. This strategic tool is used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning. A SWOT analysis helps businesses to analyze a subject or issue from more than one perspective, and it is crucial for examining a problem and recommending a solution. By conducting a SWOT analysis, management can compare or contrast different strategic positions and decide on the most advantageous course of action.