A management team considers the organization’s strengths and weaknesses as well as opportunities and threats in its current marketplace. The team is performing a _______ analysis.

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BlackTom AI · Accepted Answer

The question describes a management team evaluating strengths, weaknesses, opportunities, and threats in the current marketplace. This framing points directly to a SWOT analysis, which is specifically defined as an evaluation of internal strengths and weaknesses and external opportunities and threats.
Option 1: competitive. A competitive analysis focuses on competitors, their strategies, strengths, and weaknesses, rather than a full internal/external organizational snapshot. This option misses the broader internal capabilities and external environment components noted in the prompt.
Option 2: scenario. Scenario analysis involves exploring multiple plausible future states or scenarios to assess potential impacts, uncertainties, and strategies, but it does not inherently require listing internal strengths and weaknesses alongside external opportunities and threats.
Option 3: functional. A functional analysis typically examines a specific function or department (such as marketing, HR, or operations) within an organization, rather than a holistic assessment of internal and external factors in the market.
Option 4: SWOT. This option precisely matches the described process: identifying internal strengths and weaknesses and external opportunities and threats to inform strategic planning and decision-making.
Option 5: diversification. Diversification is a strategic option or path a company may pursue and is not the analytical framework described in the scenario.
In summary, the described activity aligns with a SWOT analysis, since it covers both internal and external dimensions of the organization in the marketplace.

MGS203008.2025FA POM TEST #2 Chapters 7,8,10,11,12- Requires Respondus LockDown Browser

A management team considers the organization’s strengths and weaknesses as well as opportunities and threats in its current marketplace. The team is performing a _______ analysis.

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MGS*2030*08.2025FA POM TEST #2 Chapters 7,8,10,11,12- Requires Respondus LockDown Browser

A management team considers the organization’s strengths and weaknesses as well as opportunities and threats in its current marketplace. The team is performing a _______ analysis.

View Explanation

Log in for full answers

Similar Questions

In a SWOT analysis, the strengths and weaknesses exist _________ the business.

In a SWOT analysis for a restaurant, it is stated that "cooking staff is high quality." Which part of the SWOT analysis would it fall into?

What is one essential step in creating a strong IMC theme?

What analytical method does a firm typically employ to assess the target market and its own competencies?

A firm assesses attractiveness of a target market and its own competencies using a SWOT analysis.

In a SWOT analysis, increasing gasoline prices would represent a potential ________ for manufacturers of electric cars.

The task of matching the internal and the external environments of a firm is summarized by

A company's strengths are important because they

More Practical Tools for Students Powered by AI Study Helper

Making Your Study Simpler

MGS203008.2025FA POM TEST #2 Chapters 7,8,10,11,12- Requires Respondus LockDown Browser