SWOT analysis can be applied fora.Personal purposeb.Both A & Bc.Only Ad.Business purpose
Question
SWOT analysis can be applied for
a. Personal purpose
b. Both A & B
c. Only A
d. Business purpose
Solution
SWOT analysis can be applied for both personal and business purposes. So, the correct answer is b. Both A & B.
Here's why:
a. Personal purpose: SWOT analysis can help individuals identify their Strengths, Weaknesses, Opportunities, and Threats. This can be useful for personal development, career planning, or decision making.
b. Business purpose: Businesses often use SWOT analysis to understand their current position in the market. It helps them identify their internal strengths and weaknesses, as well as external opportunities and threats. This information can be used to inform strategy and decision making.
Similar Questions
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