In a TOWS Matrix, ST Strategies

question 14

Multiple Choice

In a TOWS Matrix, ST Strategies

• A) are generated by thinking of ways in which a company or business unit could use its strengths to take advantage of opportunities.
• B) attempt to take advantage of opportunities by overcoming weaknesses.
• C) are basically defensive and primarily act to minimize weaknesses and avoid threats.
• D) consider a company's or unit's strengths as a way to avoid threats.
• E) are ways to get strategists to think "out of the box."

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Definitions:

Monetary Item

Financial records and objects that can be valued and expressed in money terms, such as cash or receivables.

Direct Rate

A price or cost that can be directly tied to the production of specific goods or services, without any allocation.

Exchange Loss

occurs when a decrease in the value of a foreign currency relative to the reporting currency leads to a loss when foreign currency transactions are settled or translated.

Payable

refers to an amount of money that a company owes to suppliers or creditors and is recorded as a liability on the company's balance sheet until it is paid.