A SWOT Analysis Evaluates an Organization's Strengths, Worries, Opportunities, and Technologies

question 145

True/False

A SWOT analysis evaluates an organization's strengths, worries, opportunities, and technologies to identify significant influences that work for or against business strategies.

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Definitions:

Dominant Strategy

A strategy that is best for a player in a game regardless of the strategies chosen by the other players.

Contribute

To give or supply something (such as money, resources, or ideas) towards a common purpose or fund.

Benefit

The advantage or profit gained from something, often evaluated in economic, social, or personal contexts.

Payoff

The outcome or reward from a particular action or investment, often used in the context of games, economics, and decision-making scenarios.