An Acronym for the Assessment of the External and Internal

question 104

Multiple Choice

An acronym for the assessment of the external and internal environments of the business corporation in the process of strategy formulation/strategic planning is

• A) PET.
• B) MBO.
• C) SWOT.
• D) SBU.
• E) ROI.

---

Definitions:

Order-to-Cash Cycle

The end-to-end process from when an order is placed by a customer to when the payment is received and processed by the seller.

Supporting Metrics

Quantitative measurements used to track and assess the status of specific processes, activities, or outcomes.

Quality

The degree to which a set of inherent characteristics fulfills requirements, often used to describe the standard or grade of a product or service.