Management MCQS - QUESTION DETAILS

What is the purpose of SWOT analysis in management?
A. Evaluating market trends
B. Assessing internal strengths and weaknesses, external opportunities and threats
C. Financial reporting
D. Employee performance appraisal

SWOT analysis is used to evaluate internal strengths and weaknesses, as well as external opportunities and threats in management.

Similar Questions

In management, what does the term "strategic fit" refer to?






In management, what does the term "job enrichment" involve?






In management, what does the term "benchmarking" mean?






What is the primary goal of talent management in human resources?






What is the purpose of the Gantt Chart in project management?






What is the purpose of the Likert Scale in organizational research?






In management, what does the term "cultural competency" mean?






What does the term "cognitive diversity" mean in the context of team management?






What is the focus of the Maslow's Hierarchy of Needs in organizational behavior?