Many companies use a SWOT analysis (strengths, weaknesses, opportunities, and threats) to evaluate where they stand relative to the competition. Identify a true statement in this context.
A. Opportunities affect a firm's performance but are typically out of its control.
B. Weaknesses are external to an organization.
C. Increased consumer demand and complacent competitors are potential internal strengths.
D. Low employee satisfaction and bad safety record are potential external threats.
Answer: A
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Expensive equipment manufacturers not only install the equipment but also train the staff and undertake the maintenance and repair activities of the equipment. By doing so, they are providing ________
A) payment equity B) value-augmenting services C) differential pricing D) facilitating services E) a primary service package
A principal's intent to ratify a contract:
A. may be inferred from the principal's failure to repudiate an unauthorized contract after becoming aware of it. B. may be inferred by a court from the fact that the agent accepted the benefits of an unauthorized contract. C. can only be inferred by the agent's actions. D. may not be implied by his acts or failure to act.
The use of short-term incentives to encourage the purchase of a product or service is called ________
A) direct marketing B) sales promotion C) advertising D) public relations E) publicity
With respect to the quality of earnings formula, explain why certain components are preferred over others to increase ROE.
What will be an ideal response?