When Conducting a SPENT Analysis, What Does SPENT Stand For

question 5

Multiple Choice

When conducting a SPENT analysis, what does SPENT stand for?

• A) Social, Political, Economical, Natural, Technological
• B) Social, Political, Ecological, Natural, Technological
• C) Social, Political, Economical, National, Technological
• D) Sales, Political, Economical, Natural, Technological
• E) Social, Promotional, Economical, Natural, Technological

---

Definitions:

Liabilities

Economic responsibilities or liabilities a corporation has towards other entities, necessitating repayment through transferring assets like money, merchandise, or services eventually.

Assets

Economic resources controlled by a business, capable of producing value, and are expected to benefit future operations, including cash, inventory, and property.

Creditors' Claims

Rights of lenders to receive payment from a borrower or from a borrower’s assets.

Liabilities

Liabilities represent obligations or debts that a company owes to external parties, which are expected to be settled through the outflow of resources or services.