Which of the Following Are Included as Potential Internal Weaknesses

question 43

Multiple Choice

Which of the following are included as potential internal weaknesses in a SWOT analysis that are harmful to an organization?

• A) Core competencies, market leaders, cost advantages, excellent management.
• B) Lack of strategic direction, obsolete technologies, lack of managerial talent, outdated product line.
• C) Expanded product line, increase in demand, new markets, new regulations.
• D) New entrants, substitute products, shrinking markets, costly regulatory requirements.

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Definitions:

Variable Costing

Variable costing is a cost accounting method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product cost calculations, excluding fixed overhead costs.

Production Costs

Expenses directly related to the creation of goods and services, including materials, labor, and overhead costs.

Fixed Production Costs

Costs that do not change with the level of production, such as rent, insurance, and salaries.

Variable Production Costs

Costs that change in proportion to the level of production activity, such as raw materials and direct labor.