Question

How often should a SWOT Analysis be performed?
(A) Only when specific issues need to be addressed
(B) At least once per year
(C) Only when the business starts
(D) Every 3-5 years

Answer 1

Answer:c

Explanation:

Answer 2

The correct answer is option (B) At least once per year.

• A SWOT Analysis is strengths, weaknesses, opportunities, threats analysis.
• SWOT analysis is a strategic planning and strategic management technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.
• It is sometimes called situational assessment or situational analysis.
• At least once per year, a SWOT Analysis be performed.