A SWOT Analysis Focuses on Which of the Following

question 48

Multiple Choice

A SWOT analysis focuses on which of the following?

• A)on your business only
• B)on both your business and your competitors
• C)on your competitors' businesses only
• D)on the customers only

---

Definitions:

Process Further

A decision-making process in cost accounting that evaluates the costs and benefits of additional processing.

Variable Expenses

Costs that change in proportion to the level of production or sales activities of a business.

Fixed Expenses

Costs that do not change with the level of production or sales over a short period, such as rent, salaries, and insurance.

Net Operating Income

Income before interest and income taxes have been deducted.