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:

Complete Certainty

A situation where all variables and outcomes in a decision-making process are known and predictable.

Organizational Socialization

The process by which newcomers are transformed from outsiders to participating, effective members of the organization.

Cultural Adaptation

The process by which individuals learn and adjust to the norms and values of a new culture.

Culture Assessment

The process of evaluating the existing culture within an organization, identifying strengths and areas for improvement.