Conducting a SWOT Analysis for Her/his Own Business and for Her/his

question 101

True/False

Conducting a SWOT analysis for her/his own business and for her/his key competitors allows an entrepreneur to gain a competitive edge by matching her/his company's strengths against her/his competitors' weaknesses.

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Definitions:

Cost Of Goods Available

The total cost of inventory that a company has available to sell at any given time, calculated by adding the beginning inventory to the cost of goods purchased or manufactured.

FOB Destination

Freight terms indicating that the seller places the goods free on board to the buyer’s place of business, and the seller pays the freight.

Physical Count

An inventory audit practice where a company manually counts all of its inventory at a certain point in time to verify stock levels and values.

Transit

The process or period of moving goods or people from one place to another.