​A SWOT Analysis Helps Executives Summarize the Major Facts and Forecasts

question 41

True/False

​A SWOT analysis helps executives summarize the major facts and forecasts derived from external and internal analyses.

Analyze the impact of changes in production volume on total costs and per unit costs.

Determine the contribution margin and calculate its ratio.

Analyze the effects of changes in sales volume and selling price on net operating income.

Calculate break-even points and margin of safety in both units and dollars.

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Definitions:

M'Naghten Rule

A legal principle stating that a person cannot be held responsible for a crime if they were unaware of what they were doing or did not know it was wrong due to a mental disorder.

Durham Rule

A legal standard used to determine criminal liability, stating a defendant is not responsible if an unlawful act is the product of mental disease or defect.

Antisocial Conduct

Behavior that is hostile, aggressive, or damaging to societal relationships and rules.

Mental Disorder

A condition characterized by disturbances in thought, behavior, or emotions, leading to significant distress or impairment.