For each statement about SWOT Analysis, select True or False. aooo Threats identified in a SWOT Analysis are the most difficult element to miligate. Opportunities identified in a SWOT Analysis are not meant to be actionable. Acting on weaknesses identified in a SWOT Analysis can be challenging but often Anecessary to grow business. True False Strengths identified in a SWOT Analysis are new actions a business should implement. square square

Let's evaluate each statement about SWOT Analysis:<br /><br />1. Threats identified in a SWOT Analysis are the most difficult element to mitigate.<br /> - True. Threats are external factors that can negatively impact a business, and they are often the most challenging to control or mitigate.<br /><br />2. Opportunities identified in a SWOT Analysis are not meant to be actionable.<br /> - False. Opportunities are external factors that can positively impact a business, and they should be actionable. Businesses should take steps to capitalize on these opportunities.<br /><br />3. Acting on weaknesses identified in a SWOT Analysis can be challenging but often necessary to grow a business.<br /> - True. Weaknesses are internal factors that can hinder a business's performance. Addressing and improving these weaknesses is crucial for growth and competitiveness.<br /><br />4. Strengths identified in a SWOT Analysis are new actions a business should implement.<br /> - False. Strengths are internal factors that a business excels at or has an advantage in. They are not new actions but rather existing assets, resources, or capabilities that the business can leverage.<br /><br />So, the correct answers are:<br />1. True<br />2. False<br />3. True<br />4. False