In Conducting a SWOT Analysis, a Risk for Strategists Is

question 7

True/False

In conducting a SWOT analysis, a risk for strategists is that they rely on traditional definitions of their industry and competitive environment and therefore focus too narrowly on current competitors.

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Definitions:

Closed Group Membership

Refers to a type of group where membership is fixed and new members are not added once the group has started.

Attraction

A feeling of being drawn towards a particular person, thing, or activity due to finding them appealing or interesting.

On-Call Workers

Employees who are not on a fixed schedule but are available to work as needed, often at short notice.

Stressful Situations

Circumstances that cause emotional or physical strain or tension.