The correct answers are: Major weaknesses and threats should be countered; Major strengths and profitable opportunities can be exploited.

Major strengths and profitable opportunities can be exploited, especially if strengths and opportunities are matched with each other. Similarly, major weaknesses and threats can be countered and a contingency or corrective strategy developed.

The other three possibilities have problems. The organisation would want to avoid threats, even if it has similar strengths, since a head-on conflict would be both risky and expensive. Nor would it want to develop major weaknesses in order to exploit opportunities, for similar reasons. Identifying strengths and weaknesses is part of analysis and not in itself capable of indicating suitable strategies.