In a SWOT Analysis, Potential Internal Strengths Are Helpful When

question 70

True/False

In a SWOT analysis, potential internal strengths are helpful when they identify all key strengths associated with the competitive advantage including cost advantages, new and/or innovative services, special expertise and/or experience, proven market leader, improved marketing campaigns, and so on.

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Definitions:

Buss and Plomin

Researchers known for their work in the field of temperament, proposing that temperament is influenced by genetics and plays a role in personality development.

Vicarious Reinforcement

A learning process that occurs through observing someone else being rewarded for a behavior, which increases the likelihood of the observer repeating the behavior.

Optimistic

Having a positive, hopeful perspective on the future or the outcome of specific endeavors.

Constructs

Abstract ideas or concepts not directly observable but used to understand and explain aspects of the world.