Question

Analyze activity 1

1.why is SWOT analysis important in business enterprise?
2.why do we need to study the principles, tool, and techniques in a business?
3.how do we evaluate business using tools?
Please answer ​

Answer 1

$\sf{Answer}$

1. SWOT Analysis is a simple but useful framework for analyzing your organization's strengths, weaknesses, opportunities, and threats. It helps you to build on what you do well, to address what you're lacking, to minimize risks, and to take the greatest possible advantage of chances for success.
2. It helps them to identify both the opportunities and threats coming their way and gives them a strong idea of the present and future scenario of the industry.
3. This type of evaluation assessment tool helps improve materials, gather feedback from large audiences and generate requirements for future offerings.

$\sf{Answer\:by\:UnicornRahuL}$

Answer 2

Answer:

$\huge\mathfrak\pink{❥Answer...}$

Explanation:

1. organization's strengths, weaknesses, opportunities, and threats

2. It helps them to identify both the opportunities and threats coming their way and gives them a strong idea of the present and future scenario of the indus

3. Benchmarking is the process of comparing your company metrics to the metrics of your industry competitors or to those of innovative companies outside the industry. ...

• Balanced Scorecard. ...
• Porter's Five Forces. ...
• The GE-McKinsey Nine-Box Matrix. ...
• The BCG Growth-Share Matrix. ...
• Core Competencies.