In a SWOT Analysis, Strengths and Weaknesses Refer to a Firm's

question 21

True/False

In a SWOT analysis, strengths and weaknesses refer to a firm's external environment, while opportunities and threats refer to the internal environment.

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Definitions:

Monetary Policy

The process by which a country's central bank or monetary authority controls the supply of money, often targeting an inflation rate or interest rate to ensure economic stability.

Fiscal Policy

Government policies regarding taxation and spending to influence the economy, aimed at controlling inflation, reducing unemployment, and fostering economic growth.

Fiscal Policy

Governmental measures, typically involving taxation and public spending, aimed at influencing economic conditions.

Inflation

A general increase in prices and fall in the purchasing value of money.