In Which Quadrant of the SWOT Analysis Tool Does the Following

question 82

Multiple Choice

In which quadrant of the SWOT analysis tool does the following fit? A firm is in a fast-growing industry.

• A) Strengths.
• B) Weaknesses.
• C) Opportunities.
• D) Threats.

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Definitions:

Null Hypothesis

A hypothesis in statistical testing that proposes there is no significance difference or effect and that any observed difference is due to chance.

P-value

The probability of observing the tested result, or one more extreme, if the null hypothesis is true.

α

Typically represents the level of significance in hypothesis testing, indicating the probability of rejecting the null hypothesis when it is true.

Type I Error

The statistical mistake of rejecting a null hypothesis when it is actually true, also known as a "false positive".