Multiple choice

SWOT analysis means

  1. analysing strengths, weaknesses, opportunities and threats.

  2. analysing specialisations, wealth, oligopolies and time.

  3. analysing superiors, workers, offices and time.

  4. analysing superiors, workers, opportunities and trends.

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A Correct answer
Explanation

SWOT is an acronym standing for Strengths, Weaknesses, Opportunities, and Threats. It is a strategic planning tool used to evaluate these four elements in a business venture.