Questions: Multiple Select Question Select all that apply Which of the following statements is/are true about SWOT analysis? SWOT analysis can be seen as the link between organizational and operational strategy. SWOT analysis critically examines factors that may impact business performance.

Multiple Select Question Select all that apply Which of the following statements is/are true about SWOT analysis? SWOT analysis can be seen as the link between organizational and operational strategy. SWOT analysis critically examines factors that may impact business performance.
Transcript text: Multiple Select Question Select all that apply Which of the following statements is/are true about SWOT analysis? SWOT analysis can be seen as the link between organizational and operational strategy. SWOT analysis critically examines factors that may impact business performance.
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Solution

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Answer

The answers are:

  • SWOT analysis can be seen as the link between organizational and operational strategy.
  • SWOT analysis critically examines factors that may impact business performance.
Explanation
Option 1: SWOT analysis uses a five forces model to scan the environment.

This statement is incorrect. SWOT analysis and the Five Forces model are two distinct strategic tools. SWOT analysis focuses on identifying internal strengths and weaknesses, as well as external opportunities and threats. The Five Forces model, developed by Michael Porter, analyzes the competitive forces within an industry.

Option 2: SWOT analysis can be seen as the link between organizational and operational strategy.

This statement is correct. SWOT analysis helps organizations understand their internal capabilities and external environment, which can inform both organizational (long-term) and operational (short-term) strategies.

Option 3: SWOT analysis focuses exclusively on internal factors.

This statement is incorrect. SWOT analysis examines both internal factors (Strengths and Weaknesses) and external factors (Opportunities and Threats).

Option 4: SWOT analysis critically examines factors that may impact business performance.

This statement is correct. SWOT analysis is designed to identify and evaluate factors that can influence the performance and strategic direction of a business.

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