The Best Place in a SWOT Analysis for a Wristwatch

question 24

Multiple Choice

The best place in a SWOT analysis for a wristwatch manufacturer to identify the presence of competitive substitute products is ________.

• A) external opportunities
• B) external threats
• C) internal opportunities
• D) internal strengths
• E) internal weaknesses

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Definitions:

Endorsers Discharged

Refers to the situation where endorsers (persons who sign documents, typically negotiable instruments, to endorse them) are released from their obligations under the instrument.

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a specified sum of money either on demand or at a specified future date.

Discharged Liability

Refers to a debt or obligation that has been fulfilled, canceled, or extinguished, relieving the debtor of any further responsibility.

Accommodation Party

A party who signs an instrument to provide credit for another party who has also signed the instrument.