Professional in Human Resources (PHR) — Question 9
Holly and Gary are HR Professionals in their organization and they're working to develop the strategic plan for their organization. Holly and Gary are using SWOT analysis to help understand the needs of human, financial, technological, capital, and other aspects of their organization. What is SWOT?
Answer options
- A. SWOT is an analysis to define the schedule, weaknesses, opportunities, and timetable of a project endeavor.
- B. SWOT is an analysis to define the strengths, weaknesses, opportunities, and threats an organization may face.
- C. SWOT is an analysis to define the strengths, weaknesses, openness, and timeliness of an organization.
- D. SWOT is an analysis to define the seriousness, weaknesses, openness, and timetable of organization development.
Correct answer: B
Explanation
The correct answer is B because SWOT stands for strengths, weaknesses, opportunities, and threats, which are the key components of this analysis. Options A, C, and D incorrectly describe the components of SWOT, mixing them with unrelated terms, and do not accurately reflect its purpose in strategic planning.