One Particularly Useful Technique in Analyzing a Firm's Competitive Position

question 70

Multiple Choice

One particularly useful technique in analyzing a firm's competitive position relative to its competitors is referred to as SWOT which stands for:

• A)Strengths, Weaknesses, Organization, Total value.
• B)Strengths, Weaknesses, Operations, Training.
• C)Strengths, Weaknesses, Opportunities, Total costs.
• D)Strengths, Weaknesses, Opportunities, Transfers.
• E)Strengths, Weaknesses, Opportunities, Threats.

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Definitions:

Water

A transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's streams, lakes, and oceans.

Potassium

A soft, silvery-white metallic element, very reactive, especially in water, and essential for plant and animal life.

KCl

KCl, known as potassium chloride, is a metal halide salt composed of potassium and chlorine, used in medicine, food processing, and as a fertilizer.

Moles

A unit of measure in chemistry that represents 6.022 x 10^23 particles of a substance.