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SWOT Analysis Involves the Evaluation of Industry Strengths and Weaknesses

question 100

True/False

SWOT analysis involves the evaluation of industry strengths and weaknesses and also opportunities and threats,which are internal factors.


Definitions:

Illusion of Unanimity

This refers to the misleading perception within a group that unanimous agreement exists, often due to the suppression of dissenting opinions and the pressure to conform.

Small Group

A limited number of individuals coming together for a common purpose, characterized by direct interaction among members.

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A bonus payment given to employees before Christmas, often as a token of appreciation and to celebrate the holiday season.

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in a given time period.

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