One Particularly Useful Technique in Analyzing a Firm's Competitive Position

question 70

Multiple Choice

One particularly useful technique in analyzing a firm's competitive position relative to its competitors is referred to as SWOT which stands for:

• A)Strengths, Weaknesses, Organization, Total value.
• B)Strengths, Weaknesses, Operations, Training.
• C)Strengths, Weaknesses, Opportunities, Total costs.
• D)Strengths, Weaknesses, Opportunities, Transfers.
• E)Strengths, Weaknesses, Opportunities, Threats.

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Definitions:

Exchange Rate

The value of one nation's currency versus the currency of another nation or economic zone.

U.S. Importer

A U.S. importer is a company or individual that brings goods or services into the United States from foreign countries for sale or use.

U.S. Dollar

The official currency of the United States, which is also used as a standard monetary unit for international transactions.

Russian Merchandise

Goods or products that originate from Russia, which can range from traditional handicrafts to industrial products.