Which of the Following Statements Concerning SWOT Analysis Is False

question 102

Multiple Choice

Which of the following statements concerning SWOT analysis is false?

• A) Strengths are the factors that give the firm a comparative advantage in the marketplace.
• B) Weaknesses result when the company has potentially exploitable advantages over other firms.
• C) Opportunities are environmental factors that favor the firm.
• D) Threats are environmental factors that can hinder the firm in achieving its goals.
• E) None of the above (that is, all statements are true)

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Definitions:

Short-term Storage

Involves the temporary holding of information for brief periods, typically from seconds to minutes, allowing for immediate recall and processing.

Semantic Encoding

The process of converting information into meaningful concepts to be stored in memory.

Working Memory

A cognitive system that holds and manipulates information in short-term memory for reasoning and guidance of decision-making and behavior.

Maintenance Rehearsal

Using working memory processes to repeat information based on how it sounds (auditory information); provides only shallow encoding of information and less successful long-term storage.