Asked by Hasib Charolia on Sep 28, 2024

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Each year,Honeywell asks every department manager to rate his or her department's strengths and weaknesses as well as those of the other departments with which the department interacts.Then each department manager is asked what he or she sees as the greatest threats and opportunities for the company.Honeywell is asking its department managers to engage in a(n) ________.

A) SWOT analysis
B) market analysis
C) compatibility assessment
D) functional planning session

SWOT Analysis

A strategic planning technique used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Department Manager

An individual who oversees a specific department within a company, responsible for managing staff and achieving departmental goals.

Threats and Opportunities

Refers to external factors that could impact a company's performance, where threats could harm it, and opportunities could benefit it.

  • Recognize the significance of conducting a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis in strategic planning.
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JG
Janea Gillis1 day ago
Final Answer :
A
Explanation :
The process of rating a department's strengths and weaknesses and analyzing threats and opportunities is the essence of a SWOT analysis. Therefore, Honeywell is asking its department managers to engage in a SWOT analysis.