CGEIT · Question #272
Paul has been asked to complete SWOT analysis for his solution scope. What does SWOT analysis mean?
The correct answer is B. Strengths, Weaknesses, Opportunities, Threats. SWOT analysis is a strategic planning tool that evaluates an entity's internal Strengths and Weaknesses, and external Opportunities and Threats related to a specific objective.
Question
Paul has been asked to complete SWOT analysis for his solution scope. What does SWOT analysis mean?
Options
- AStakeholder Weaknesses, Organizational Threats
- BStrengths, Weaknesses, Opportunities, Threats
- CStrengths, Weaknesses, Opportunities, Time
- DStakeholders Weaknesses, Organization, Threats
How the community answered
(25 responses)- B96% (24)
- D4% (1)
Why each option
SWOT analysis is a strategic planning tool that evaluates an entity's internal Strengths and Weaknesses, and external Opportunities and Threats related to a specific objective.
This choice incorrectly expands "S" to Stakeholder and "O" and "T" are not fully correct for the standard acronym.
SWOT is a widely recognized acronym and analytical framework in business strategy and project management. It stands for Strengths (internal positive factors), Weaknesses (internal negative factors), Opportunities (external positive factors), and Threats (external negative factors).
This choice incorrectly includes "Time" instead of "Threats" as the last element of the standard SWOT acronym.
This choice incorrectly expands "S" to Stakeholders and "O" is missing, while "T" is only partially correct.
Concept tested: Strategic Planning Tools (SWOT)
Source: https://www.sba.gov/business-guide/plan-your-business/write-your-business-plan
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