The Actions Taken in a Situation (SWOT)analysis or Step 1

question 86

Multiple Choice

The actions taken in a situation (SWOT) analysis or Step 1 of the planning phase include which of the following?

• A)set market and product goals
• B)select target markets
• C)find points of difference
• D)position the product
• E)assess your own company

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Definitions:

Equal Amount

A quantity that is the same in value, size, or measure as another.

Compounded Annually

This involves the calculation of interest added to the principal sum of a loan or deposit once per year, where each year's interest is added to the principal for the calculation of future interest.

Manager

An individual responsible for directing and overseeing the work of others and handling administrative tasks in an organization or department.

Retire

To withdraw from one's position or occupation; to conclude one's working or professional career.