Question: What is a potential downfall when using a SWOT analysis? a. Lack of differentiation strategy b. Weak mission statement c. Subjective assessment d. Lack of

What is a potential downfall when using a SWOT analysis?

a. Lack of differentiation strategy b. Weak mission statement c. Subjective assessment d. Lack of distinctive competencies e. Inability to eliminate threats

When a firm identifies a weakness within its organization, what can it do to address that weakness?

a. It can modify its objectives for strengths. b. It can consider it a distinctive competence and exploit it. c. It can modify its mission. d. It can look for organizational opportunities that will eliminate the weakness. e. It can develop a distinctive competence.

What is one of the main purposes of a SWOT analysis?

a. To identify common strengths b. To better understand competitors c. To identify distinctive competencies d. To shape the product life cycle e. To develop a mission

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