A Good SWO

question 51

True/False

A good S.W.O.T. analysis helps a manager focus on a strategy that takes advantages of the firm's opportunities and strengths while avoiding its weaknesses and threats to its success.

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Definitions:

Cooperativeness

The willingness to work together towards common goals or interests.

Conflict Management

The method of recognizing and managing disputes in a rational, equitable, and effective way.

Compromise

A method of resolving disputes by making mutual concessions to reach a mutually acceptable decision.

Bargaining

The process of negotiating terms and conditions between parties, often regarding employment contracts or purchase agreements.