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.

---

Definitions:

Budgeted Sales

An estimate of the sales revenue a company expects to achieve for a certain period, often used for planning and control purposes.

Beginning Inventory

The value of all the inventory that a company has at the start of an accounting period, before any purchases or sales have been made.

Ending Inventory

The total value of all inventory that a business has in stock at the end of an accounting period.

Direct Materials

Raw materials that can be directly attributed to the production of a specific product.