Question: The SWOT framework is developed by conducting external, competitive, and internal assessments and is helpful in determining the strategic issue facing the organization; however, it
The SWOT framework is developed by conducting external, competitive, and internal assessments and is helpful in determining the strategic issue facing the organization; however, it can still have its drawbacks. Which of the following is NOT one of the cautions that executives should keep in mind while conducting a SWOT analysis?
Keep internal and external factors separate from each other
Opportunities should not be confused with strategic moves designed to take advantage of opportunities
Do not overemphasize the results of SWOT analysis
Use the SWOT analysis as a rigorous method for selecting strategies
Use VRIO and Value Chain analysis to uncover internal organizational strengths and weaknesses
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