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HRCI Exam PHR Topic 3 Question 105 Discussion

Actual exam question for HRCI's PHR exam
Question #: 105
Topic #: 3
[All PHR Questions]

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?

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Suggested Answer: B

SWOT is an analysis that can be used to determine the strengths, weaknesses, opportunities, and threats. SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. A SWOT analysis may be incorporated into the strategic planning model.

Answer option C is incorrect. This is not a valid definition of SWOT so this choice is incorrect.

Answer option A is incorrect. This is not a valid definition of SWOT so this choice is incorrect.

Answer option D is incorrect. This is not a valid definition of SWOT so this choice is incorrect.


Contribute your Thoughts:

Asuncion
4 days ago
I think SWOT is crucial for strategic planning. It allows us to make informed decisions based on a comprehensive analysis of our organization.
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Shannon
5 days ago
SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. Option B is the correct answer - it accurately describes what a SWOT analysis is used for.
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Milly
10 days ago
I agree with Werner. SWOT helps us identify internal strengths and weaknesses, as well as external opportunities and threats.
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Werner
11 days ago
B) SWOT is an analysis to define the strengths, weaknesses, opportunities, and threats an organization may face.
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