Examlex
John considers himself a(n) ____________________ because his work involves extending the principles of psychology to practical, everyday problems in the real world.
Market Fads
Short-lived trends or crazes in the marketplace that can suddenly explode in popularity but fade away just as quickly.
SWOT Analysis
A strategic planning tool that assesses a company's strengths, weaknesses, opportunities, and threats.
Strength
An organization's capabilities or resources that give it an advantage in meeting the needs of its target markets.
Environmental Scanning
The process of systematically collecting information about external factors that could impact an organization's decision-making and strategic planning.
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