Here is the answer of the question: Which statement is correct?
- A SWOT analysis assesses internal and external factors, as well as current and future potential. With it, you can determine your company’s position in relation to the competition and the market as a whole.
- A SWOT analysis gives you an overview of only internal factors that affect your business
- A SWOT analysis goes beyond identifying Strengths, Weaknesses, Opportunities, and Threats by matching the Strengths with Opportunities and the Threats with Weaknesses to discover actionable strategies.
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