SWOT Analysis Is a Planning Exercise in Which Managers Identify

question 81

True/False

SWOT analysis is a planning exercise in which managers identify external environmental strengths and weaknesses.

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Definitions:

Informal Groups

Groups that form naturally within an organization based on personal relationships or shared interests rather than structured roles.

Informal Groups

Naturally formed groups within an organization that arise from personal interactions, shared interests, or social needs, outside of the formal organizational structure.

Informal Groups

Collections of individuals within an organization that form naturally around shared interests or social similarities, not defined by formal structure.

Self-managing Team

A group of individuals who are empowered to make decisions and manage their daily tasks and responsibilities without direct oversight from management.