The SWOT Element That Focuses on Outdated Facilities and Obsolete

question 79

Multiple Choice

The SWOT element that focuses on outdated facilities and obsolete technologies is called __________.

• A) threats
• B) opportunities
• C) weaknesses
• D) strengths

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Definitions:

Mixed Cost

A cost that contains both variable and fixed cost elements and changes in total with the level of activity, but not proportionately.

Maintenance Cost

Expenses incurred to keep property, equipment, or assets in effective operating condition.

Machine Hour

A measure of production time, representing the time a machine is operated to perform work.

High-low Method

A technique used in managerial accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.