The things a business currently possesses and does well are calledMultiple Choicestrengths.threats.weaknesses.opportunities.

The things a business currently possesses and does well are called strengths.

Explanation:

In the context of business analysis, particularly in tools like SWOT analysis (Strengths, Weaknesses, Opportunities, Threats), strengths refer to internal attributes that are beneficial to the organization. These could include strong brand reputation, loyal customer base, unique technology, skilled workforce, or financial resources. Understanding these strengths allows a business to leverage them effectively in its strategic planning and decision-making.

By identifying and acknowledging strengths, a business can better position itself in the market, capitalize on opportunities, and develop strategies to mitigate weaknesses and defend against threats. Recognizing strengths is essential for any organization aiming for long-term success and competitive advantage.