Question

A ____, also called a SWOT analysis for strengths, weaknesses, opportunities, and threats, is an assessment of the strengths and weaknesses in an organization's internal environment and the opportunities and threats in its external environment.

Answer 1

Answer:

situational analysis

Explanation:

A SWOT analysis is just a situational analysis since it is dynamic and can change very rapidly.

For example, the strengths of a corporation (AKA core competencies) can become core rigidities or weaknesses. A former threat can become a current opportunity, and vice versa.

It SWOT analysis is made and is valid only for a certain a mount of time and should be continuously revised and updated. Specially now that technology is changing so fast and the world is shrinking, situations can change for good or worse very rapidly. E.g. the corona virus outbreak in China has changed all economic predictions for the current year, and we are in February.

Answer 2

Answer: The answer is SITUATIONAL ANALYSIS

Explanation: A SITUATIONAL ANALYSIS is the gathering of methods to analyse the internal and external factors of a business inoder to get a clear picture of the business environment.

A situational analysis is also called a SWOT analysis that measures the strengths, weaknesses, opportunities and threats.