Gauging demographic trends is an aspect of the external analysis in a SWOT analysis.

Demographic Trends

Patterns and changes in the characteristics of human populations, such as age, race, or gender, that can influence societal structures and markets.

SWOT Analysis

An instrument for planning strategies that detects the Strengths, Weaknesses, Opportunities, and Threats involved in business competition or the planning of a project.

External Analysis

The process of evaluating an organization's external environment to identify opportunities and threats that could impact its strategy and operations.

Gain insight into the key notions and purposes of conducting a SWOT analysis, which entails the evaluation of both internal and external elements.

Verified Answer

Danielle NearyJun 30, 2024

Final Answer :

True

Explanation :

Demographic trends are considered part of the external analysis in a SWOT analysis, specifically under the Opportunities and Threats sections, as they are external factors that can impact an organization's performance.

Learning Objectives

Gain insight into the key notions and purposes of conducting a SWOT analysis, which entails the evaluation of both internal and external elements.

Gauging demographic trends is an aspect of the external analysis in a SWOT analysis.

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Learning Objectives

Learning Objectives

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