A SWOT Analysis Is Not Necessary If the Firm Is Considering

question 142

True/False

A S.W.O.T. analysis is not necessary if the firm is considering entering an established market that is already served by competitors.

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Definitions:

Civil War

A conflict between citizens of the same country.

Extension of Slavery

The historical process of expanding the institution of slavery into new territories in the United States before the Civil War.

President-elect Lincoln

Refers to Abraham Lincoln after winning the United States presidential election, before being officially inaugurated as President.

Compromise

Compromise involves making mutual concessions or reaching an agreement where conflicting parties find a middle ground.