A Technique for Assessing an Organization's Internal and External Environments

question 106

Multiple Choice

A technique for assessing an organization's internal and external environments in order to formulate strategy is called a

• A)BCG Matrix.
• B)SWOT analysis.
• C)benchmarking strategy.
• D)diversification exercise.
• E)functional strategy.

Differentiate between direct and indirect materials and their impact on production costs.

Analyze and calculate total manufacturing costs and cost of goods manufactured from provided information.

Understand the various routes and methods for drug administration.

Recognize the importance of accurate dosage measurement and its impact on patient safety.

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Definitions:

Approach Motivation

A psychological construct referring to an individual's predisposition to move towards, or seek out, positive outcomes or rewards.

Anticipating Rewards

The process of expecting or looking forward to rewards, which can drive motivation and behavior toward achieving those rewards.

Personality Psychologists

Professionals who study and assess the variations in personality among individuals, often examining traits, behaviors, and psychological mechanisms.

Motive

An internal driving force that compels individuals to take action toward achieving specific goals.