Sharing Knowledge and Information Throughout the Organization Can Be a Means

question 42

Multiple Choice

Sharing knowledge and information throughout the organization can be a means of

• A) conserving products and services.
• B) continuing with outdated products.
• C) conserving resources.
• D) overusing email.

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Definitions:

SWOT Analysis

A strategic planning tool used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats, to gauge internal and external factors affecting its objectives.

External Analysis

The evaluation of factors outside a business that can impact its performance, such as economic trends, competitive landscape, and regulatory environments.

Internal Analysis

The process of examining an organization's strengths, weaknesses, internal resources, and capabilities to improve performance or strategic planning.

Bargaining Power of Buyers

The ability of buyers to negotiate lower prices or better terms with sellers, influenced by factors such as market competition and buyer concentration.