Actions Taken in a Situation (SWOT)analysis or Step 1 of the Planning

question 174

Multiple Choice

actions taken in a situation (SWOT) analysis or Step 1 of the planning phase include: (1) __________, (2) analyze competitors, (3) assess own company,and (4) research customers.

• A) set market and product goals
• B) select target markets
• C) find points of difference
• D) position the product
• E) identify industry trends

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Definitions:

Avoid

The act of intentionally staying away from certain situations, behaviors, or stimuli to prevent undesirable outcomes.

Affect-As-Information

The theory that emotions can guide us in decision-making and judgments by providing quick, heuristic information about situations.

Affective Forecasting

The process of predicting one's future emotional states or reactions in specific situations.

Affect Balance

A measure of the extent to which positive emotional experiences outweigh negative ones in an individual's life.