When Looking for Strengths and Weaknesses, Top Management Is

question 50

Multiple Choice

When looking for strengths and weaknesses, top management is:

• A) Assessing the external environment.
• B) Analyzing the competition.
• C) Evaluating the internal situation in order to define its distinctive competence.
• D) Wasting its time since it has no control over these things.

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Definitions:

Operating Activities

Activities directly related to the business's primary operations, such as selling products or services, which are reflected in the company's cash flow.

Net Income

Net income is the total profit a company generates after subtracting all its expenses, taxes, and losses from its total revenue.

Operating Activities

Activities that constitute the primary or main activities of an entity, including the production, sales, and delivery of the company’s product as well as collecting payment from its customers.

Sale Proceeds

Sale proceeds refer to the total amount received from the sale of goods or assets before any deductions are made.