What Is a Company's Plan for How It Will Match

question 71

Multiple Choice

What is a company's plan for how it will match its internal strengths and weaknesses with external opportunities and threats to maintain a competitive advantage?

• A)strategic plan
• B)situation analysis
• C)SWOT analysis
• D)tactical plan

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Definitions:

Perceptual Process

The sequence of steps through which individuals select, organize, and interpret sensory information to understand the world around them.

Perceptual Accuracy

The extent to which one's observations or judgments mirror the true state of affairs or real characteristics of objects or situations.

Interview Error

Mistakes or biases that can occur during the interviewing process, affecting the accuracy or fairness of the interview outcomes.

High-Status Employees

Workers who hold positions of authority or esteem within an organization, often associated with higher pay or more influence.