Briefly Discuss the Meaning and Significance of Each of the Following

question 69

Essay

Briefly discuss the meaning and significance of each of the following terms:
a.SWOT analysis
b.Company value chain
c.Industry value chain
d.Weighted competitive strength assessment
e.Benchmarking

---

Definitions:

Social Class

Categories of individuals within a society differentiated by factors such as wealth, occupation, and social status, often influencing their opportunities and privileges.

Extracurricular Opportunities

Activities and programs offered by educational institutions that fall outside the realm of the standard curriculum, aimed at enhancing students' learning experience and personal development.

Mainstream Culture

The prevailing cultural norms, values, and practices that are widely shared and accepted within a society or societal group.

Cultural Capital

Social assets that are not financial but enhance social movement, including aspects like intellect, education, manner of speaking, the way one dresses, and physical looks, beyond just economic resources.