In a SWOT Analysis,which of the Following Would Be Considered

question 36

Multiple Choice

In a SWOT analysis,which of the following would be considered a strength for a company?

• A)a favorable economic climate that encourages consumption
• B)the exit of a competitor from the market
• C)inflation, which leads to higher prices of the company's products
• D)increasing consumer interest in its products
• E)the company developing improved production technology

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Definitions:

Ending Inventory

The total value of goods available for sale at the end of an accounting period or fiscal year.

Variable Costing

An accounting method that only includes variable production costs (direct materials, direct labor, and variable manufacturing overhead) in product costs, excluding fixed manufacturing overhead.

Net Operating Income

The profit realized from a business's operations after subtracting operating expenses from operating revenues.

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - in the cost of a product.