A Situation Analysis Refers to

question 92

Multiple Choice

A situation analysis refers to

• A) taking stock of where the firm or product has been recently, where it is now, and where it is headed in terms of the organization's marketing plans and the external forces and trends affecting it.
• B) an appraisal of an organization's cash flow and financial ratios to access its health and the potential for new investment.
• C) the process of continually acquiring information on events occurring outside the organization to identify and interpret potential trends.
• D) a technique that managers use to quantify performance measures and growth targets to analyze its clients' strategic business units as though they were separate investments.
• E) the process where a firm searches for growth opportunities from among current and new markets as well as current and new products.

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Definitions:

Phoneme

A phoneme is the smallest unit of sound in a language that can distinguish one word from another, such as the difference between the /p/ and /b/ sounds in "pat" and "bat."

Words Per Minute

A measure of typing or reading speed, indicating how many words an individual can type or read in one minute.

Prototype

The typical or most familiar example of a category (e.g., a robin is a prototypical bird for many Americans but an auk might be the prototype for Laplanders).

Concept

A general idea or understanding that is derived from specific instances, experiences, or objects.