Question : Situation analysis is useful for:
Option 1: analysis of capital market
Option 2: SWOT analysis
Option 3: security market
Option 4: gilt-edged market
Correct Answer: SWOT analysis
Solution : The correct option is SWOT analysis.
Situation analysis refers to a group of techniques used by managers to examine the internal and external environments of an organisation to comprehend its capabilities, target market, and competitive landscape. It is helpful for the Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis, which carefully evaluates an organisation's internal strengths and weaknesses as well as the external opportunities and dangers it faces to develop a plan.
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