SWOT Stands for ________

question 70

Multiple Choice

SWOT stands for ________.

• A) strengths, weaknesses, opportunities, threats
• B) strengths, weaknesses, opportunities, tactics
• C) strategy, works in progress, opportunities, threats
• D) strengths, weaknesses, organizational strategy, threats

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Definitions:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or obsolescence.

Salvage Value

The estimated value an asset holds upon concluding its lifespan of utility.

Revenue Expenditures

Revenue expenditures are the costs incurred by a business in the normal course of operations, such as rent, utilities, and wages, which are expensed in the current period.

Operating Condition

Refers to the state or circumstances under which a piece of equipment or a system is functioning.