In Conducting a SWOT Analysis, Issues Regarding Out-Dated Facilities, Inadequate

question 87

Multiple Choice

In conducting a SWOT analysis, issues regarding out-dated facilities, inadequate research and development, obsolete technologies, weak management and past planning failures would be addressed in analysing the company's _______

• A) weaknesses.
• B) strategies.
• C) strengths.
• D) threats.
• E) opportunities.

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Definitions:

Quantity Effect

The effect on overall consumption when a change in price leads to a change in the quantity demanded.

Price Effect

The change in quantity demanded of a good or service resulting from a change in its price, indicating consumer sensitivity to price changes.

Total Revenue

The total financial gain a business achieves through its transactions of selling products and providing services during a specified period.

Marginal Revenue

Marginal Revenue is the additional income earned by a firm for selling one more unit of a good or service.