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The acronym SWOT stands for

A. Special Weapons for Operations Timeliness

B. Services, Worldwide Optimization and Transport

C. Strengths, Weakness, Opportunities and Threats

D. None of the above

Answer: Option C

Solution(By Examveda Team)

The acronym SWOT stands for Strengths, Weakness, Opportunities and Threats. It is a way of summarizing the current state of a company and helping to devise a plan for the future, one that employs the existing strengths, redresses existing weaknesses, exploits opportunities and defends against threats.

This Question Belongs to Management >> Strategic Management

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