"A Firm Has Adequate Resources

question 162

Multiple Choice

"A firm has adequate resources." With which element of the S.W.O.T analysis tool does this statement fit?

• A)strengths
• B)weaknesses
• C)opportunities
• D)threats
• E)limitation

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Definitions:

Technology

The use of scientific expertise to achieve practical goals, particularly within industrial sectors.

Minerals

Naturally occurring, inorganic substances with a definite chemical composition and physical properties, found in the earth’s crust.

Reserves Available

The quantities of resources or commodities in storage or available for use.

Fuel Saving

Techniques or measures adopted to reduce the consumption of fuel, enhancing efficiency.