Which of the following is NOT a component of a SWOT analysis?

Prepare for the WGU BUS2050 D077 Concepts in Marketing, Sales, and Customer Contact Test. Engage with multiple choice questions enriched with hints and explanations. Ready yourself for success now!

A SWOT analysis is a strategic planning tool used to identify the Strengths, Weaknesses, Opportunities, and Threats related to a business or project. The components of SWOT help organizations understand internal and external factors that can affect their success.

Strengths refer to internal attributes that give an organization an advantage over competitors. Opportunities involve external factors or trends that the organization can capitalize on for growth or improvement. Threats are external challenges that could hinder the organization's performance.

Revenue, however, is not a component of SWOT. While revenue generation may be influenced by the various factors identified in the analysis, it does not fall within the four categories of strengths, weaknesses, opportunities, and threats. Thus, the correct response highlights that it is not part of a SWOT analysis framework.

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