Question

for each statement about swot analysis, select true or false. acting on weaknesses identified in a swot analysis can be challenging but often necessary to grow business. strengths identified in a swot analysis are new actions a business should implement. threats identified in a swot analysis are the most difficult element to mitigate. opportunities identified in a swot analysis are not meant to be actionable. true false

Explanation:

• First statement: Addressing weaknesses (internal - can be improved) is challenging but necessary for growth. True.
• Second statement: Strengths (internal - existing positive aspects) are not new actions but leveraging what's already good. False.
• Third statement: Threats (external - e.g., new competitors) can be mitigated (e.g., via strategy). Not necessarily the "most difficult" (weaknesses might be harder to fix internally). False.
• Fourth statement: Opportunities (external - e.g., new markets) are meant to be acted on. False.

Answer:

1. True
2. False
3. False
4. False