Successful Business Organizations Should Take Actions to Convert Internal Weaknesses

question 119

Multiple Choice

Successful business organizations should take actions to convert internal weaknesses into ____ and external threats into ____.

• A) opportunities; core competencies
• B) core competencies; strengths
• C) opportunities; strengths
• D) strengths; core competencies
• E) strengths; opportunities

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Definitions:

Categorical

Pertaining to data that can be divided into specific groups or categories that are mutually exclusive.

Data

Collected information or facts, typically numerical, that are used as a basis for reasoning, discussion, or calculation.

Categorical Variable

A type of variable that can take on one of a limited, and usually fixed, number of possible values, assigning each individual or other unit of observation to a particular group or nominal category.

Social Security Number

A unique nine-digit number assigned to U.S. citizens, permanent residents, and temporary working residents that is used for tracking individuals for social security and taxation purposes.