A SWOT Analysis Is Used to Determine

question 153

Multiple Choice

A SWOT analysis is used to determine:

• A) what can be done to deal with a specific problem confronting the company.
• B) a company's critical success factors.
• C) an organization's internal environmental strengths and weaknesses and external environmental opportunities and threats.
• D) none of these

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Definitions:

Total Assets

The sum of all current and non-current assets owned by a company, reflecting its total resources.

Balance Sheet

The balance sheet offers a momentary view of a company's financial status at a certain time, detailing its assets, liabilities, and equity held by shareholders.

Selected Accounts

Selected accounts are specific accounts chosen for review or analysis, often for the purpose of financial reporting or audit.

Owner's Equity

The residual interest in the assets of the enterprise after deducting liabilities, essentially the net worth of the company attributable to the owners.