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The Analysis of Strengths and Weaknesses Focuses on External Factors

question 124

True/False

The analysis of strengths and weaknesses focuses on external factors that give an organisation certain advantages and disadvantages in meeting the needs of its target markets.


Definitions:

Product Innovation

This involves creating new products or significant improvements in the existing products to meet consumer needs or open new markets.

R&D Expenditures

Investments in research and development, aimed at innovating and improving products or processes.

Rate of Return

The increase or decrease in value of an investment during a certain timeframe, shown as a percent of the investment's beginning price.

Interest-Rate Cost

The expense incurred by borrowers when they take out loans, represented as a percentage of the total loan amount charged over time.

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