QUESTION IMAGE
Question
which statement best describes opportunities in a swot analysis?
things a company does well
anything that poses a risk to a companys success and growth
areas in which a company is lacking
anything that could increase sales and grow a company
Brief Explanations
In SWOT analysis, "Opportunities" are external factors that can benefit the company. Let's analyze each option:
- "Things a company does well" is a "Strength" (internal positive factor).
- "Anything that poses a risk to a company’s success and growth" is a "Threat" (external negative factor).
- "Areas in which a company is lacking" is a "Weakness" (internal negative factor).
- "Anything that could increase sales and grow a company" fits the definition of an opportunity as it's an external factor that can help the company grow.
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D. Anything that could increase sales and grow a company (assuming the options are labeled A to D with the last option being D)