What does a SWOT analysis help an organization identify?

A SWOT analysis is a strategic planning tool that assists organizations in identifying their internal strengths and weaknesses, as well as the external opportunities and threats they face. This framework allows organizations to assess their current situation and clarify their strategic position. By examining internal factors, such as resources, skills, and capabilities, organizations can pinpoint areas where they excel or need improvement.

Understanding these internal elements is crucial for effective strategy formulation, as it enables organizations to leverage their strengths and address their weaknesses in a targeted manner. While the other options may be important considerations for an organization, they do not align with the primary focus of a SWOT analysis, which is centered on both internal and external factors impacting the organization.