Question

The following are all disadvantages of SWOT analyses, EXCEPT: a. Critics of SWOT analysis argue that it is too simplistic and does not demand detailed analysis. b. The self life of SWOT analysis is rather limited. c. SWOT analysis helps to determine the organization's position in the marketplace and therefore aids formulation of corporate strategy for its long-term survival. d. Businesses are usually able to make better decisions if they have more information available.

Answer 1

Answer: Option (C)

Explanation:

SWOT analysis is defined as or referred to as a strategic planning process that is used in order to help an individual or a company identify the strengths,  opportunities, weaknesses, and threats that are related to their business competition or the project they are planning. It is mostly intended in order to  specify objectives of a business project or venture and thus identify external and internal factors which are unfavorable and favorable in order to achieve these objectives.