An Acronym for the Assessment of the External and Internal

question 104

Multiple Choice

An acronym for the assessment of the external and internal environments of the business corporation in the process of strategy formulation/strategic planning is

• A) PET.
• B) MBO.
• C) SWOT.
• D) SBU.
• E) ROI.

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Definitions:

Ironic Processing

Ironic processing is the psychological phenomenon where an individual's effort to suppress certain thoughts makes them more likely to surface.

Distract

To draw away or divert one's attention or focus from a desired point of concentration.

Think

To engage in the process of considering or reasoning about something.

Facial Feedback Hypothesis

The idea that facial movements can influence emotional experiences.