Which of the following represents a method of assessing risk?

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SWOT analysis is a strategic planning tool that is widely used to evaluate an organization's Strengths, Weaknesses, Opportunities, and Threats. It serves as a comprehensive method for assessing both internal and external factors that can impact an organization’s performance and risks.

When it comes to risk assessment, understanding the strengths helps identify areas where the organization can leverage its advantages, while weaknesses reveal vulnerabilities that could lead to potential risks. Opportunities can indicate areas for growth, but they also come with uncertainties and the risk of not capitalizing on them effectively. Lastly, threats point towards external challenges that could negatively affect the organization's viability.

This holistic approach enables decision-makers to identify risks across various facets of their organization and the environment it operates in, allowing them to strategize effectively and mitigate those risks. In contrast, product pricing analysis, market trend summary, and advertising evaluation focus more on specific business functions rather than providing a broader assessment of risks.

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