Which of the following is an example of a weakness that a SWOT analysis might disclose?

A weakness identified in a SWOT analysis is an internal factor that hinders an organization's ability to achieve its objectives. The presence of "No mission statement" directly reflects an internal weakness because it implies a lack of clear direction and purpose within the organization. Without a mission statement, employees may lack motivation and alignment with the organization's goals, potentially leading to confusion and inefficiency in operations.

In contrast, the other choices represent either external factors or neutral scenarios. A new retail golf outlet opening in town could actually present an opportunity rather than a weakness, as it might encourage competition and innovation. High inflation rates are an economic condition that falls under external threats rather than internal weaknesses, impacting all businesses but not being a specific internal shortcoming. Negative public opinion, while certainly detrimental, is also an external threat rather than an internal weakness, as it reflects how the outside world perceives the organization rather than the organization's internal structures or capabilities. Thus, the absence of a mission statement is clearly a notable internal weakness revealed through a SWOT analysis.