In Doing SWOT Analysis, Which of the Following Is NOT

question 90

Multiple Choice

In doing SWOT analysis, which of the following is NOT an example of a potential resource weakness or competitive deficiency that a company may have?

• A) less productive R&D efforts than rivals
• B) having a single, unified functional strategy instead of several distinct functional strategies
• C) lack of a strong brand image and reputation (as compared to rivals)
• D) higher overall unit costs relative to rivals
• E) too narrow a product line relative to rivals

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Definitions:

Overhead Variances

Differences between the actual overhead costs incurred and the standard costs for the overheads that were budgeted for a period.

Controllable

Controllable usually refers to expenses or costs that can be managed or influenced by decisions made by a company or an individual.

Volume

Refers to the amount of an asset or security that changes hands over a set period of time, commonly used in financial markets to gauge trading activity and liquidity.

Material Variances

The difference between the actual cost of materials used in production and the standard cost of materials that should have been used.