topic:SWOT ANALYSIS

WRAP-UP To summarize what you have learned in the lesson, answer the following questions: 1. What is a SWOT analysis? 2. What is the purpose of SWOT analysis? POSTTEST Directions: Read each statement carefully. Write T if the statement is correct, otherwise write F. 1. Weaknesses refer to factors that have the potential to harm an organization. 2. Strengths describe what an organization excels at and what separates it from the competition. 3. Opportunities refer to favorable external factors that could give an organization a competitive advantage. 4. Threat stop an organization from performing at its optimum level. 5. Identifying core strengths, weaknesses, opportunities, and threats lead to fact-based analysis, fresh perspectives, and new ideas