Question

In a SWOT analysis, organizational strengths are :

A) External opportunities that a company can take advantage of.
B) Environmental factors that the organization may exploit for competitive advantage.
C) MBO skills that should be emphasized.
D) Skills and capabilities that give a company advantages in executing its strategies.
E) Means that give a specific industry an advantage in a down economy.

Answer 1

Organizational strengths in a SWOT analysis refer to the internal skills and capabilities that provide a company with an advantage in executing its strategies, which are crucial for achieving goals and gaining a competitive edge.

Step-by-step explanation:

In a SWOT analysis, organizational strengths are defined as the skills and capabilities that give a company advantages in executing its strategies. These strengths are not external opportunities, environmental factors, MBO skills, or means for industry advantage during a down economy. Instead, they are inherent advantages such as a talented workforce, intellectual property, strong brand recognition, efficient processes, or superior technology that can help the organization to thrive and outperform competitors. Strengths are part of the internal analysis in SWOT, focusing on what the company does well and how it can leverage these attributes to achieve its goals. Understanding and developing organizational strengths is vital for a firm's success, as it can lead to increased efficiency, better performance, and competitive advantage.