SWOT Analysis Includes the Strengths Only for Strategy Formulation Purposes

question 44

True/False

SWOT analysis includes the strengths only for strategy formulation purposes.

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Definitions:

Widening Wage Gap

The increasing difference in compensation between high-income and low-income workers.

Skilled Workers

Employees who have special training, knowledge, or ability in their specific field or occupation, usually acquired through education or long-term experience.

Federal-State Program

A collaborative governance initiative where both federal and state governments share responsibilities and funding to address specific issues.

Poverty Rate

The proportion of the population living below the national poverty line, reflecting the percentage of people with income less than the minimum level necessary to meet basic needs.