Managers Doing Strategic Planning Often Use a Tool or Process

question 23

Multiple Choice

Managers doing strategic planning often use a tool or process called a SWOT analysis.Of the following,which is not represented by the letters in SWOT?

• A) Strengths
• B) Weaknesses
• C) Opportunities
• D) Talents

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Definitions:

Independent Retailer

A retail business owned and operated by an individual or family, not part of a larger chain or franchise system.

Owned

Refers to assets or properties controlled by an individual or company.

Individual

Referring to a single human being as distinct from a group, society, or organization, emphasizing personal and unique attributes.

Corporate Chain

A series of related businesses owned by the same company or managed under a single corporate structure, often sharing branding and operational systems.