Which of the Following Factors Should Be Evaluated During the Internal

question 41

Multiple Choice

Which of the following factors should be evaluated during the internal analysis phase of strategic formulation?

• A)manufacturing capacity
• B)new government regulations pending
• C)customer demand
• D)strength of the competition

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Definitions:

Historical Data

Information collected about past events and conditions pertaining to a particular subject.

Nonresponse Error

Bias introduced in survey results when a significant number of invited participants decide not to respond.

Coverage Error

A statistical error that occurs when some members of a population are inadequately represented in a sample.

Sampling Frame

A Sampling Frame is a list or database from which a sample, or a smaller group representative of the larger population, is drawn for the purpose of conducting research.