What is a SWOT Analysis?


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question 1 of 3

Why is it important for companies to evaluate managerial decisions using a SWOT Analysis?

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1. Jessica has just conducted a SWOT analysis of her firm. What should her next steps be?

2. The first steps management should consider determining the feasibility of a new project or expansion project is to determine:

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About This Quiz & Worksheet

One of the ways businesses can determine management decisions is through the use of a SWOT analysis. This quiz and worksheet will ask you to identify aspects and purposes of this tool.

Quiz & Worksheet Goals

You will be tested on:

  • Facets of SWOT
  • SWOT quadrants
  • Use of this analysis in businesses

Skills Practiced

Be prepared to practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related SWOT analysis lesson
  • Information recall - access the knowledge you've gained regarding what SWOT stands for
  • Knowledge application - use your knowledge to answer questions about SWOT in external and internal environments of an organization

Additional Learning

Deepen your understanding by studying the related lesson, What is a SWOT Analysis? This lesson will address the following objectives:

  • Define SWOT analysis
  • Identify internal and external environments
  • Review an example of SWOT analysis