One of the Drawbacks of SWOT Analysis Is

question 46

Multiple Choice

One of the drawbacks of SWOT analysis is:

• A)it is very time consuming.
• B)a professional consultant must perform it.
• C)its focus on present conditions.
• D)it requires information about competitors not readily available to outsiders.

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Definitions:

Income Maintenance

Government programs designed to ensure a minimum income level for individuals or households, typically through transfers like welfare payments.

Measurement Issues

Challenges encountered in accurately quantifying variables or phenomena, affecting the reliability and validity of data in research and policy analysis.

Poverty

A socio-economic condition where individuals or groups lack sufficient financial resources to meet the basic standards of living, often measured by income level.

Statistical Discrimination

A theory explaining how prejudice can arise in hiring or decision-making based on stereotypes associated with aggregate statistics rather than on individual attributes.