SWOT Analysis May Be Used in Both the Macro-Environment and at the Industry

question 9

True/False

SWOT analysis may be used in both the macro-environment and at the industry level

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Definitions:

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to related products and services based on the activities they require.

Overhead Cost

The ongoing expenses of operating a business that are not directly tied to the production of goods or services, such as rent and utilities.

Product Line

A group of related products under a single brand sold by the same company.

Facility Level Activity

Operations and processes that support the overall functioning of a facility, but are not directly tied to the production of goods or services.