Once SWOT Analysis Is Complete, Managers ________ to Address the Issues

question 67

Multiple Choice

Once SWOT analysis is complete, managers ________ to address the issues that came up during the analysis.

• A)formulate strategies
• B)implement strategies
• C)evaluate strategies
• D)eliminate strategies

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Definitions:

Salvage Value

The anticipated value left in an asset at the conclusion of its serviceable life, employed in the depreciation calculation.

Useful Life

The estimated period during which an asset is expected to be usable for its intended purpose, affecting its depreciation calculation.

Journal Entries

The recordation of a transaction in an accounting journal that impacts at least two accounts, indicating the debit and credit amounts.

Transactions

Financial events that affect the financial statements of a business, including sales, purchases, and other financial activities.