Organizations Use a SWOT Analysis to ________

question 102

Multiple Choice

Organizations use a SWOT analysis to ________.

• A)help them make specific observations and conclusions,and then develop plans to act upon them
• B)compare themselves to the other competitors in the industry
• C)prioritize the results of the PESTEL so that key environmental strengths can be acted upon
• D)assess the effectiveness of the implementation stage of the strategic planning process

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Definitions:

Real Gross Domestic Product

An inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a specific period.

Planned Investment

Expenditures intended by businesses to purchase physical capital goods, which are expected to produce future benefits.

Spending Multiplier

The ratio of change in aggregate output (or income) to a change in spending that caused the change, showing how initial spending leads to increased total spending.

Autonomous Investment

Investment that does not change in response to alterations in the overall economy or income levels, such as public infrastructure investments.