An analysis of a firm's internal environmental includes consideration of its
[ Select ]
threats and weaknesses
strengths and weaknesses
opportunities and threats
strengths and opportunities
while an analysis of its external environment considers its
[ Select ]
strengths and opportunities
opportunities and threats
strengths and weaknesses
weaknesses and threats

Question

An analysis of a firm's internal environmental includes consideration of its 
[ Select ]
threats and weaknesses
strengths and weaknesses
opportunities and threats
strengths and opportunities
 while an analysis of its external environment considers its 
[ Select ]
strengths and opportunities
opportunities and threats
strengths and weaknesses
weaknesses and threats

BlackTom AI · Accepted Answer

The task presents two fill-in-the-blank prompts that relate to the SWOT framework, distinguishing between internal and external environment analyses.
First, consider the internal environment: when evaluating what a firm controls and can leverage or improve upon, the standard categories are strengths and weaknesses. Strengths are internal attributes the firm does well or possesses uniquely, while weaknesses are internal areas where the firm is disadvantaged or lacks capability.
If an option were to pair the internal analysis with threats or opportunities, that would be misaligned with the conventional internal/external split. Threats and opportunities are typically associated with the external environment because they originate outside the firm and require the organization to respond to external forces.
Turning to the external environment: opportunities and threats represent external factors that could impact the firm’s performance. Opportunities are external chances for growth or improvement, while threats are external risks or obstacles that could hinder achieving objectives.
Given the standard interpretation of SWOT, the correct pairings are:
- Internal analysis: strengths and weaknesses
- External analysis: opportunities and threats
In this item, the first blank should be filled with strengths and weaknesses, and the second blank should be filled with opportunities and threats, aligning with the traditional SWOT framework.
Note: the prompt does not include explicit answer options to evaluate, so the reasoning focuses on the conventional (and widely taught) associations within SWOT analysis and why these pairings are logically consistent with internal vs. external analysis.

21227 Innovation and Entrepreneurship - Autumn 2025 Week 5 Quiz

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