Question

An identification of a company's operating environment as well as internal analysis of its strengths and weaknesses. This is referred to as a SWOT analysis. SWOT is an acronym for__________.

Answer 1

Strength, weaknesses, opportunity and threats

Step-by-step explanation:

The SWOT analysis is a technique for analyzing the strategic position of an organization considering the internal and external factors that are present or may be present in the future that can affect the organizations goals and performance.

SWOT stands Strength, weakness, opportunities and threats.

While the strength and weakness are internal factors, opportunities and threats are external factors.

Also, whilst strengths and opportunities highlights the factors that may play to the organization's advantage, the weakness and threats highlights those that may affect the company negatively if not properly managed.