Six Sigma Green Belt Exam Prep

Category - Six Sigma Green Belt

SWOT analysis is frequently used by companies to assess the viability of a new project or an existing one. The goal of this analysis is to provide __________ into the company’s past performance and ___________ about its future performance.
  1. insight; foresight
  2. planning; action
  3. insight; data
  4. forecast; planning
Explanation
Answer: A - SWOT analysis provides insight into past performance and foresight about future performance.
Key Takeaway: Strengths, Weaknesses, Opportunities, Threats (SWOT) analysis is a common tool that helps a company gain insight about why projects have succeeded or failed in the past. SWOT analysis also provides valuable information about future viability and performance.
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