When a Firm Makes Use of SWOT Analysis, One of Its

question 200

Multiple Choice

When a firm makes use of SWOT analysis, one of its objectives is to

• A) identify the best employees to fill each position within the organization.
• B) set specific short-term performance standards for each department.
• C) evaluate the desirability of issuing stocks or bonds in the current financial climate.
• D) identify the things it does well as an organization and the things it needs to improve.

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Definitions:

Sociologists

Professionals who study social behavior, patterns, and functions within human societies.

Cultural Diffusion

The spread of cultural beliefs and social activities from one group to another through interaction and integration.

Fertility Rate

The average number of children born to a woman over her lifetime, used to assess population growth or decline.

Crude Birthrate

A statistical measure representing the number of live births in a given year per 1,000 population in a specific area.