Once Instructor Services,an IT Company,analyzes the Company's Strengths,weaknesses,opportunities,and Threats,managers Will

question 17

True/False

Once Instructor Services,an IT company,analyzes the company's strengths,weaknesses,opportunities,and threats,managers will be able to do forecasting to develop a long-term strategy.

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Definitions:

Competitiveness

The ability of a company, country, or individual to produce goods and services at a lower cost, higher quality, or more innovatively than competitors.

Labor Costs

The expenses incurred by an employer for their workforce, including salaries, benefits, and taxes.

HR Factors

Refer to the various elements such as recruitment, selection, training, compensation, and employee relations that influence the functioning and success of the Human Resource department.