What technique is used to compare an organization's strengths and weaknesses?

SWOT Analysis is the technique specifically designed to evaluate an organization’s internal strengths and weaknesses alongside external opportunities and threats. This framework provides a comprehensive view of the factors that can affect an organization's strategic planning.

The analysis begins by identifying the strengths, such as resources, capabilities, and competitive advantages that the organization possesses. Simultaneously, it recognizes weaknesses, which might include resource limitations or areas where the organization lacks a competitive edge. By juxtaposing these internal factors with external conditions, it enables organizations to develop strategies that leverage their strengths to mitigate weaknesses while also taking advantage of opportunities and defending against potential threats.

This makes SWOT Analysis a crucial tool for decision-making, strategic planning, and improving overall organizational effectiveness, as it helps in crafting tailored strategies based on a clear understanding of the organization's position in the market and its operational capabilities. Other options, while pertinent in their contexts, do not specifically focus on the dual assessment of internal and external factors as comprehensively as SWOT Analysis does.