The SWOT Analysis Focuses Only on the Internal Activities of the Firm

question 79

True/False

The SWOT analysis focuses only on the internal activities of the firm, while a PERT analysis is used to review the external environment in which the firm operates.

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Definitions:

Traumatic Event

An event that is emotionally disturbing or distressing, often leading to lasting psychological impact and stress disorders.

Episodic Memory

The memory of temporally related events, or the time and place of an experience.

Short-Term Memory

A limited capacity memory system that temporarily holds information for processing.

Storage Span

Often related to memory, it refers to the amount of information or number of items that can be held in short-term or working memory at one time.