A SWOT analysis documents a company's strengths, weaknesses, ___________, and threats.

A SWOT analysis is a strategic planning tool used to identify and evaluate the four key aspects of a business or project: strengths, weaknesses, opportunities, and threats. Each component serves to provide insight into the internal and external factors that can impact an organization's success.

In this context, opportunities refer to external factors that the organization can capitalize on to achieve its goals or improve its position in the market. Identifying opportunities helps businesses recognize potential areas for growth, such as emerging markets, technological advancements, or changes in consumer preferences that they can leverage to their advantage.

The other options do not align with the established components of a traditional SWOT analysis. Risks, for instance, might be considered in a broader risk management context but are not part of the SWOT framework. Resources may be relevant when assessing strengths, but they do not fit within the specific categorical structure of a SWOT analysis. Lastly, strategies are the plans developed based on the findings of a SWOT analysis, but they are not one of its foundational elements. Thus, opportunities directly completes the framework, highlighting areas where a company can potentially expand or improve.