1.

Statement 1: SWOT involves specifying the objectives of the business venture or project and identifying the internal and external factors that are favourable and unfavourable to achieve that objective.Statement 2: Setting the objectives should be done after the SWOT analysis has been performed.

A. Both the statements are correct.
B. Statement 1 is correct, but statement 2 is incorrect.
C. Statement 1 is incorrect, but statement 2 is correct.
D. Both the statements are incorrect.
Answer» B. Statement 1 is correct, but statement 2 is incorrect.


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