A Leading Tool in Global Business Is SWOT Analysis

question 45

Multiple Choice

A leading tool in global business is SWOT analysis.It determines a firm's:

• A) strengths,weaknesses,organizational skills,and teams.
• B) strengths,weaknesses,opportunities,and threats.
• C) savings,working capital,objectives,and teams.
• D) strategies,working capital,outcomes,and threats.

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Definitions:

Contractor's Fee

The payment made to a contractor for their services, typically a percentage of the total cost of a construction project.

Cost Reimbursable Contract

A type of contract where the client pays the contractor for all legitimate actual costs incurred for the project plus a fee representing the contractor’s profit.

Quality

The degree to which a product, service, or process meets specified requirements, customer expectations, or industry standards.

Scope Of Work

A detailed document that outlines all of the work to be performed for a project, including tasks, deliverables, timelines, and performance criteria.