In a SWOT Analysis, Strengths and Weaknesses Originate Inside an Organization

question 37

True/False

In a SWOT analysis, strengths and weaknesses originate inside an organization, or internally. Opportunities and threats originate outside an organization, or externally, and cannot always be anticipated or controlled.

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Definitions:

Research Chef

A research chef is a professional who combines culinary arts and food science to develop new recipes, products, and technologies in the food industry.

Competencies

The skills, knowledge, and abilities that individuals possess, which are critical for successful performance at work.

Delphi Technique

A method of forecasting and decision-making through rounds of questionnaires sent to a panel of experts, with the aim of reaching a consensus.

Long-Run Qualitative Forecast

A forecasting method that uses expert judgment and other qualitative data to predict long-term trends or outcomes.