To Make the SWOT Analysis an Effective Management Tool,a Strategist

question 33

Multiple Choice

To make the SWOT analysis an effective management tool,a strategist must first

• A) distinguish a firm's resources, competencies, and capabilities from each other.
• B) separate a firm's primary activities from support activities.
• C) analyze the pros and cons of strategic options.
• D) scan a firm's internal and external environments.

---

Definitions:

Population Mean

The average value of all the members of a population.

P-Value

The probability of observing results at least as extreme as those in a data set, given that the null hypothesis is true.

Hypothesis Testing

A statistical method used to decide whether a hypothesis about a parameter in a population is supported by the data gathered from a sample.

Test Statistic

A numerical value employed in statistical hypothesis testing for deciding if the null hypothesis should be discarded.