All of the Following Are Benefits of SWOT Analysis EXCEPT

question 23

Multiple Choice

All of the following are benefits of SWOT analysis EXCEPT:

• A) It is simple to use.
• B) Its structured nature ensures that data and information are correctly categorized.
• C) It promotes managerial collaboration.
• D) It can synthesize and integrate diverse information.
• E) It can reduce costs.

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Definitions:

Variable Costing

An accounting approach that only considers variable costs—costs that change with the level of output—in product costing and decision-making.

Absorption Costing

A financial technique that encompasses all costs associated with manufacturing (including both fixed and variable expenses) in the pricing of a product.

Contribution Format

A layout for income statements where costs are classified as variable or fixed to show the contribution margin and net operating income.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenues, expenses, and profits.