Question

Jim's manager and mentor, Naomi, helped Jim develop his first business plan. Naomi said, "Jim, one of the most powerful tools that you can use in developing a strategic plan for your division is to analyze the external environment and your internal resources. I will help you formulate this strategy by using a technique called:__________

Answer 1

Answer:

SWOT analysis.

Explanation:

SWOT analysis -

It refers to as a planning method , which determines the weakness , strengths , any threats , and opportunities for the business , is referred to as SWOT analysis .

The method is used in the very first stage of decision-making .

The method is very helpful for planning any project or assignment of the company and to successfully execute it .

Hence , from the given scenario of the question ,

The correct answer is SWOT analysis .