StrengthsGiven below are the steps to be followed in identifying the strengths of your company. Which of the following sequences of these steps is accurate?Create a SWOT team of individuals from different functional areas of the companyBrainstorm on the company’s strengthConsolidate all the ideas and share them with the team membersClarify ideasIdentify top strengthsSelect an individual to facilitate the analysisSummarise the company’s strengthsRecord all the suggestions at a place1-2-3-4-5-6-7-82-3-5-6-4-8-7-11-6-2-8-3-4-5-71-2-6-8-5-4-7-3
Question
StrengthsGiven below are the steps to be followed in identifying the strengths of your company. Which of the following sequences of these steps is accurate?Create a SWOT team of individuals from different functional areas of the companyBrainstorm on the company’s strengthConsolidate all the ideas and share them with the team membersClarify ideasIdentify top strengthsSelect an individual to facilitate the analysisSummarise the company’s strengthsRecord all the suggestions at a place1-2-3-4-5-6-7-82-3-5-6-4-8-7-11-6-2-8-3-4-5-71-2-6-8-5-4-7-3
Solution
The accurate sequence of steps in identifying the strengths of your company would be 1-6-2-8-4-3-5-7. This sequence starts with creating a SWOT team, selecting an individual to facilitate the analysis, brainstorming on the company’s strength, recording all the suggestions, clarifying ideas, consolidating all the ideas and sharing them with the team members, identifying top strengths, and finally summarising the company’s strengths.
Similar Questions
What term is used when a company assesses its strengths and weaknesses?ResponsesSWOT analysisSWOT analysisSMART analysisSMART analysisIDEA analysisIDEA analysisRATIO analysis
What is your greatest strength as an employee?Choose the best optionClear Response1 Technical expertise2 Strong communication skills3 Ability to meet deadlines4 Excellent problem-solving skills
why is it important to know a company’s strengths and weaknesses?
A company's strengths are important because theyMultiple Choicepave the way for establishing a low-cost advantage over rivals.provide extra muscle in helping lengthen the company's value chain.provide extra organizational muscle in turning a core competence into a key success factor.represent the quality of its competitive assets that enhance its competitiveness in the marketplace.give it competitive protection against the industry's driving forces.
What attributes of the organization that are helpful to achieving the strategic objectives?StrengthThreatsWeaknessesOpportunities
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.