A Group of Managers Analyze Both the Internal Strengths and Weaknesses

question 41

Multiple Choice

A group of managers analyze both the internal strengths and weaknesses of their organization as well as the opportunities and threats of the external environment.What type of analysis is this?

• A)mission analysis
• B)SWOT analysis
• C)functional analysis
• D)diversification analysis
• E)competition analysis

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Definitions:

Global Industry

Economic activities that occur on an international scale, transcending national borders and involving the production, distribution, and marketing of goods and services worldwide.

Tourism

The activity of traveling to places for pleasure and exploration.

Transnationals

Corporations or enterprises that operate in multiple countries, transcending national borders in their activities, production, and management.

Economic Refugees

Individuals or groups who are forced to leave their home country due to severe economic hardship, in search of a better standard of living elsewhere.