In the Context of a SWOT Analysis, Which of the Following

question 63

Multiple Choice

In the context of a SWOT analysis, which of the following would be considered an opportunity for an organization?

• A) An experienced and committed workforce
• B) A high degree of innovation in product lines
• C) Efficient manufacturing methods and processes
• D) A good reputation in the market
• E) Prospects of exclusive partnerships with international clients

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Definitions:

Derived Demand

The demand for a product or service that arises from the demand for another product or service, such as the demand for steel being derived from the demand for automobiles.

Dynamically Continuous Innovations

Innovations that represent a moderate change to an existing product that requires a slight change in consumer behavior.

Discontinuous Innovations

Innovations that create a significant change in consumer behavior or revolutionize the way a market functions, often by introducing a completely new product or service.

Continuous Innovations

Ongoing, incremental improvements and updates to products or services, intended to maintain competitiveness and address evolving customer needs.