SWOT Analysis Is a Framework for Analyzing the Internal and External

question 69

Multiple Choice

SWOT analysis is a framework for analyzing the internal and external environment of a company.It consists of strengths,weaknesses,opportunities,and threats.According to a SWOT analysis,which of the following is not an aspect that the strategy of the firm must follow?

• A) build on its weaknesses
• B) remedy the weaknesses or work around them
• C) take advantage of the opportunities presented by the environment
• D) protect the firm from the threats

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Definitions:

Railroads

Systems of tracks along which trains run, a major form of transportation for both goods and passengers, historically significant in the development and expansion of countries.

Development

The process of economic growth, expansion, or realization of social and cultural potential within a country or region.

Railroad Industry

The sector of the economy focused on the construction, operation, and maintenance of railways for the transport of goods and passengers.

Settler Societies

Societies formed by the settlement of people from another land, often displacing indigenous populations and developing new cultural and political orders.