When Running a SWOT Analysis,one Should Also Consider Personal Strengths

question 18

Multiple Choice

When running a SWOT analysis,one should also consider personal Strengths and Weaknesses because

• A)business owners should evaluate those items where they are weak.
• B)business owners should list those items that they really dislike doing.
• C)business success requires that owners have no weaknesses.
• D)both A and B above.
• E)both B and C above.

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Definitions:

Waiting In Line

This concept relates to the experience of standing or waiting in a sequence for services or goods, often analyzed in queue theory.

Price Rationing

The process of distributing goods and services by setting prices so that only those willing and able to pay will obtain them.

Future Output

The amount of goods and services that will be produced at a future date, often anticipated based on current trends and investments.

Excise Tax

A tax imposed on specific goods, such as alcohol and tobacco, usually to discourage consumption or generate revenue.