CGEIT · Question #155
CGEIT Question #155: Real Exam Question with Answer & Explanation
The correct answer is C: Competitor analysis. In a SWOT analysis for IT strategy, competitor analysis is most valuable for identifying external opportunities and threats by revealing market trends, competitive landscapes, and potential disruptions.
Question
An enterprise is conducting a SWOT analysis as part of IT strategy development. Which of the following would be MOST helpful to identify opportunities and threats?
Options
- ARisk appetite
- BInternal framework assessment
- CCompetitor analysis
- DCritical success factors (CSF)
Explanation
In a SWOT analysis for IT strategy, competitor analysis is most valuable for identifying external opportunities and threats by revealing market trends, competitive landscapes, and potential disruptions.
Common mistakes.
- A. Risk appetite is an internal organizational parameter that guides decision-making, but it does not primarily serve to identify external opportunities or threats in a SWOT analysis.
- B. An internal framework assessment focuses on evaluating the organization's internal processes and capabilities, which primarily helps identify strengths and weaknesses, not external opportunities and threats.
- D. Critical Success Factors (CSFs) are elements vital for achieving organizational objectives; while they can relate to opportunities, competitor analysis provides a more direct and focused approach to identifying external market dynamics.
Concept tested. SWOT analysis external factor identification
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