Which of the following does S.W.O.T. analysis stand for?

S.W.O.T. analysis is a strategic planning tool used to identify the Strengths, Weaknesses, Opportunities, and Threats related to a business or project. The correct answer accurately reflects this framework:

• Strengths refer to internal attributes and resources that support a successful outcome. These are areas where the organization excels or has advantages over competitors.

• Weaknesses are internal factors that could hinder performance or present challenges that need to be addressed. Acknowledging weaknesses allows an organization to develop strategies for improvement.

• Opportunities represent external factors that the organization could leverage to its advantage, such as market trends or gaps in the market that can be exploited for growth.

• Threats are external challenges that could pose risks to the organization, such as competition, market volatility, or changing regulations.

This analysis framework provides a comprehensive overview of both internal and external factors that can impact an organization’s success, enabling strategic decision-making. Understanding the S.W.O.T. analysis is crucial for managers in evaluating their position and crafting strategic plans.