Which of the Following Statements Is Correct When Considering a SWOT

question 56

Multiple Choice

Which of the following statements is correct when considering a SWOT analysis?

• A)Strengths and weaknesses originate inside an organization.
• B)Opportunities and threats originate inside an organization.
• C)Strengths and threats originate inside an organization.
• D)Opportunities and weaknesses originate outside an organization.

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Definitions:

Break-Even Point

The point at which total costs match total earnings from production or sales, leading to neither a profit nor a loss.

Maintenance Costs

The expenses incurred to keep an asset in working condition or restore it to proper operation.

Least-Squares Regression

A statistical method used to determine the line of best fit by minimizing the sum of the squares of the differences between observed values and those predicted by a linear function.

Machine-Hours

A measure of production time, calculating the total hours a machine is operated within a specific period.