SWOT Analysis Involves Comparing Two Internal and Two External Factors

question 42

Multiple Choice

SWOT analysis involves comparing two internal and two external factors. What are the two internal factors?

• A) Strengths and Opportunities
• B) Strengths and Weaknesses
• C) Weaknesses and Threats
• D) Opportunities and Threats
• E) Strengths and Threats

Comprehend the implementation and impact of omnichannel retailing.

Understand the role of big data analytics in predicting retail trends.

Recognize the importance of atmospherics in creating a desirable retail space.

Understand the concept of biological preparedness in forming stimulus-response associations.

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Definitions:

Materials

The raw items or supplies used in the production of goods and services.

Equivalent Units

A concept in cost accounting used to allocate costs to partially completed goods, calculated by converting the work-in-progress into a number of completed units.

Unit Production Costs

The total expense incurred in manufacturing or producing one unit of product, including direct materials, labor, and overhead costs.

Fermenting Department

A segment within a company, particularly in beverage or food production, specialized in fermenting products as part of the production process.