Section: Principles of Management

10) GAP analysis

1. is a planning approach for determining where an organization as today.
2. is a planning approach for determining where an organization will go into the future.
3. is a planning approach for determining how an organization will reach its goals.
4. provides a diagram showing a company's present momentum and its potential.
5. All of the above.

GAP analysis provides a diagram showing a company's present momentum and its potential. The gap between the two is known as a planning gap. This helps a company determine where they currently are and how they need to change to get where they want to go.