HSC Business Studies Practice Exam

Question: 1 / 400

Which of the following is not a component of SWOT analysis?

Strengths

Products

In a SWOT analysis, the primary components are strengths, weaknesses, opportunities, and threats. This strategic planning tool helps businesses identify internal strengths and weaknesses, as well as external opportunities and threats, related to their operations and market environment.

The inclusion of 'products' as a component would be a misunderstanding of the framework, as SWOT analysis focuses on broader aspects of organizational assessment rather than specific product details. Products may influence strengths or weaknesses but are not classified as a direct component of SWOT analysis itself. Therefore, recognizing that 'products' is not one of the primary components of SWOT analysis is key to understanding its proper use in strategic decision-making.

Get further explanation with Examzify DeepDiveBeta

Opportunities

Threats

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy