Compiling Information About a Company's Environment Is More Easily Accomplished

question 96

True/False

Compiling information about a company's environment is more easily accomplished with a SWOT chart than an environmental scanning worksheet.

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Definitions:

Cell Phone Manufacturer

A company that specializes in designing, producing, and selling mobile phones to consumers.

Industry Share

The percentage of total sales or revenues generated by one company within a particular industry, indicating its competitive position in the market.

Organization's Strategy

A plan of action designed by an entity to achieve a long-term or overall aim and secure a competitive position in the market.