A First-Rate SWOT Analysis

question 114

Multiple Choice

A first-rate SWOT analysis

• A)is a way to measure whether a company's value chain is longer or shorter than the chains of key rivals.
• B)is a tool for benchmarking whether a firm's strategy is closely matched to industry key success factors.
• C)reveals whether a company is competitively stronger than its closest rivals.
• D)provides a good basis for crafting a strategy.
• E)identifies the reasons a company's strategy is or is not working very well.

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Definitions:

Total Cost

The sum of fixed and variable costs incurred by a firm in producing and selling a product.

Profitable Level

The point at which a company's revenues exceed its costs, leading to financial gain or profit.

Minimal Losses

The smallest amount of losses that can be incurred, typically used in the context of minimizing financial or operational losses.

Marginal Revenue

The increase in earnings resulting from the sale of one extra good or service.