A SWOT Analysis

question 42

Multiple Choice

A SWOT analysis

• A)is a good way of breaking down a firm's capabilities and gaining a better understanding of what the future may hold for the firm.
• B)focuses on strengths,weaknesses,opportunities,and threats.
• C)is designed to better understand a firm's strategies and whether or not the strategies are sustainable.
• D)All of the above

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Definitions:

Unskilled Labor

Workers who lack specialized training or qualifications, often performing manual or simple tasks.

Surplus

The amount by which the quantity supplied of a commodity exceeds the quantity demanded at a specific price.

Minimum Wage

The lowest legal hourly pay that workers can be paid by their employers, set by government policy.

Teenagers

Persons in the age group of 13 to 19 years, characterizing the transition from childhood to adulthood.