According to the Text, Scott Armstrong and Others Have Critisised

question 40

Multiple Choice

According to the text, Scott Armstrong and others have critisised the SWOT analysis for a variety of reasons. Which of the following is NOT one of the criticisms of the SWOT?

• A) It is time- consuming and expensive to prepare.
• B) There is no logical link with strategy development and implementation.
• C) It lacks analytical rigour.
• D) It tends to be overly descriptive.
• E) All of the above are criticisms of SWOT analyses.

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Definitions:

Profit

The financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the operations.

Markdown

A reduction from the original or retail price of goods or services, typically to stimulate sales or clear out inventory.

Invoice

A paper provided by the vendor to the purchaser detailing the goods or services rendered and the total charge.

Discount

A reduction applied to a regular price or rate, often used to encourage purchase or prompt payment.