SWOT Analysis Is a Simple but Powerful Tool for

question 33

Multiple Choice

SWOT analysis is a simple but powerful tool for

• A)gauging whether a company has a cost-competitive value chain.
• B)sizing up a company's resources and capabilities, strengths and deficiencies, its market opportunities, and the external threats to its future well-being.
• C)evaluating whether a company is in the most appropriate strategic group.
• D)determining a company's competitive strength vis-à-vis close rivals.
• E)identifying the market segments in which a company is strongly positioned and weakly positioned.

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Definitions:

Performance Period

The specific timeframe over which the output or effectiveness of an activity or individual is measured.

Reinforcement Theory

A motivational theory suggesting that people are likely to repeat behavior that is rewarded and avoid behavior that is punished.

Operant Conditioning

An educational method where the intensity of an action is altered through rewards or penalties.

Strategies

Plans of action designed to achieve a specific goal or set of goals.