Question 40.5John has just conducted a SWOC Analysis of his firm. What should his next steps be? Making sure thatАweaknesses are offset by strengths and challenges are turned into opportunities.B) weaknesses are offset by opportunities and challenges are turned into strengths.strengths are offset by weaknesses and opportunities and turned into challenges.Dopportunities are offset by challenges and strengths are turned into weaknesses.Question 50.5Which of the followinabout
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weaknesses are offset by strengths and challenges are turned into opportunities
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John's next step should be making sure that weaknesses are offset by strengths and challenges are turned into opportunities.
Explanation:
- The SWOC Analysis refers to Strengths, Weaknesses, Opportunities and Challenges analysis of a particular business or project.
- The SWOC Analysis is inspired by the SWOT analysis but both of them have some differences between them.
- SWOC is a strategic planning method used to understand and analyze any and all components that are important towards the success of a business or a project.
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