In a SWOT Analysis, Potential Internal Weaknesses Are Harmful When

question 54

True/False

In a SWOT analysis, potential internal weaknesses are harmful when they identify all key areas that require improvement. Weaknesses focus on the absence of certain strengths, including absence of an Internet marketing plan, damaged reputation, problem areas for service, outdated technology, and employee issues.

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Definitions:

Pizza Makers

Individuals or machines specifically tasked with preparing and cooking pizzas.

Increase in Supply

Occurs when there is a rise in the quantity of a good or service available in the market, typically resulting from lower production costs or an improvement in technology.

Supply Curve

A graphical representation of the relationship between the price of a good or service and the quantity supplied.

Demand

The level of demand for goods or services that customers are prepared and can afford across a range of prices within a certain period.