________ is a widely used framework to summarize a company's situation or current position

A. SWOT analysis

B. TOWS matrix

C. Ansoff's matrix

D. BCG matrix

Answer: Option A

Solution(By Examveda Team)

SWOT analysis is a widely used framework to summarize a company's situation or current position. SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning. SWOT analysis assesses internal and external factors, as well as current and future potential.