A Group of Managers at Power Explosives Analyzes Both the Internal

question 37

Multiple Choice

A group of managers at Power Explosives analyzes both the internal strengths and weaknesses of their organization as well as the opportunities and threats of the external environment.Which of the following planning exercises does this indicate?

• A) Mission analysis
• B) SWOT analysis
• C) Functional analysis
• D) Diversification
• E) Related Diversification

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Definitions:

Variation

The occurrence of differences or deviations within processes, products, or data sets.

Longest Processing Time

A scheduling heuristic used in operations research for sequencing jobs to minimize the total time taken.

Most Profitable

Referring to the activity, product, or segment that generates the highest profit margin or net income compared to others.

ISO 9000

An international standard that specifies criteria for a quality management system, demonstrating an organization's ability to consistently provide products and services that meet customer and regulatory requirements.