Is the statement 'SWOT analysis means skill, work, objectives, tactics' true or false?

The statement is false. SWOT analysis is a strategic planning tool that stands for Strengths, Weaknesses, Opportunities, and Threats. This framework is used to evaluate the internal and external factors that can impact an organization or project.

The components of SWOT are as follows:

• Strengths refer to the internal attributes that help an organization succeed.

• Weaknesses are the internal factors that could hinder progress.

• Opportunities represent external conditions that could be advantageous if leveraged appropriately.

• Threats highlight external challenges or obstacles that may pose risks.

The phrase given in the statement—"skill, work, objectives, tactics"—does not align with the established meaning of SWOT analysis, which is centered around a holistic evaluation of an organization's strategic position rather than focusing on these specific elements.