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:

Blood Flow

The movement of blood through the body's circulatory system, delivering oxygen and nutrients to cells and removing waste products.

Heart

A muscular organ in most animals, including humans, which pumps blood through the circulatory system by rhythmic contractions.

Per Se Violation

An action that is inherently illegal under antitrust laws, without needing to prove its harm on competition.

Price-fixing

The practice where businesses conspire to establish prices at a certain level, rather than letting them be determined by free-market forces.