Match the Following Numbered Items with the Most Correct Response

question 79

Multiple Choice

Match the following numbered items with the most correct response letter.
A response may be used once, more than once, or not at all.
You are contemplating opening a dry cleaning business in a commuter town. Assess the following information using SWOT analysis.
-When a company's combined economic value of its businesses is greater than the sum of their separate economic value

• A)Distinctive competence
• B)Resource deployment
• C)Scope
• D)Synergy

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Definitions:

Planning Process

A systematic sequence of actions directed towards the achievement of goals and objectives.

Goals And Objectives

Targets and benchmarks that an organization sets to achieve within a specific timeframe to guide its operations towards success.

Mission Statement

A brief description of a company's fundamental purpose. It outlines what the company aims to accomplish, serving as a guide for all decision-making.

SWOT Analysis

A strategic planning tool that identifies an organization's Strengths, Weaknesses, Opportunities, and Threats.