Which of the Following Does Not Represent a Possible Opportunity

question 8

Multiple Choice

Which of the following does not represent a possible opportunity for a manufacturing firm as a part of SWOT analysis?

• A) Demographic trends.
• B) Technological advances in the industry.
• C) A patent developed by another firm for manufacturing a product.
• D) Changes in regulation of the industry.
• E) Changes in the economic environment facing all industries.

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Definitions:

Human Capital

The skills, knowledge, and experiences possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Job Specifications

A detailed description of the skills, education, and experience required to perform a job.

Knowledge

The understanding, awareness, or familiarity gained through education or experience, which can be applied in decision-making or problem-solving.

Skills

The abilities, know-how, and expertise that individuals acquire through experience, training, or education that enable performance of tasks.