What components are included in a SWOT analysis?

Study for the Guidewire Business Analyst Test. Advance your career with multiple choice questions, each with explanations. Ensure success in your exam!

A SWOT analysis is a strategic planning tool used to identify and evaluate the internal strengths and weaknesses of an organization, along with external opportunities and threats in the environment. This framework helps organizations develop strategies that leverage their strengths, address weaknesses, capitalize on opportunities, and mitigate threats.

The correct components are strengths, weaknesses, opportunities, and threats. Strengths refer to the internal capabilities that give the organization an advantage over others. Weaknesses are internal factors that could hinder the organization’s performance. Opportunities are external factors that the organization can exploit to its advantage, while threats are external challenges that could pose risks to the organization’s success.

The other choices do not accurately reflect the established components of a SWOT analysis. For instance, including "tactics" and "results" diverges from the focus on internal and external environmental factors. Similarly, “strategies, weaknesses, objectives, time” introduces terms that do not align with the SWOT framework. Lastly, “outcomes, women, trends” includes unrelated and irrelevant terms that do not represent the strategic analysis model.

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