Vindal Fabrics Has Determined That Its Organizational Strength Is Being

question 20

Multiple Choice

Vindal Fabrics has determined that its organizational strength is being an industry leader in producing upholstery fabrics for automobiles.The company believes its weakness is its performance in Southeast Asia.It has also determined that it is missing an opportunity by not yet branching into upholstery for public transit seats.In order to complete a SWOT analysis,does Vindal Fabrics need to do next?

• A)It needs to see that its major threat is the economic downturn of the auto industry.
• B)Its HR department needs to address the company's major weakness.
• C)It needs to perform a revenue analysis in order to see what chances it can take.
• D)Its HR department needs to address the company's missed opportunity.

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Definitions:

Finished Goods Inventory

The stock of completed products ready for sale at the end of an accounting period.

Raw Materials

Raw materials are the basic materials from which products are manufactured or made, often used in the initial stages of the production process.

Factory Overhead

Every manufacturing-related expense, apart from direct labor and materials.

Debit Balance

A situation in accounting where the sum of debits exceeds the sum of credits, often indicating expenses or assets.