When Comparing SWOT Analysis Framework with Porter's Five Forces, One

question 17

Multiple Choice

When comparing SWOT analysis framework with Porter's Five Forces, one can say: Please select all that apply.

• A) SWOT analysis is industry-specific while Porter's five forces is company-specific.
• B) The five forces framework allows an organization to make informed decision about whether an industry is attractive to stay or invest in.
• C) Accurately estimating future trends in the five forces should also provide an organization with an indication of future profits.
• D) SWOT analysis is only undertaken from the perspective of an incumbent firm.

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Definitions:

Railway Labor Act

A U.S. federal law passed in 1926 that governs labor relations in the railway and airline industries, aiming to avoid service disruption and ensure workers' rights.

Federal Racketeering

Involves engaging in illegal business activities as part of an organized crime operation, often prosecuted under laws such as the Racketeer Influenced and Corrupt Organizations Act (RICO) in the United States.

Corporate Campaigns

Strategic efforts undertaken by unions or other advocacy groups to pressure a corporation into meeting certain demands through public, financial, or political means.

Work-to-rule Campaigns

Tactics employed by workers where they strictly follow all workplace rules and regulations to reduce productivity as a form of protest.