Asked by Rachael Oreilly on Jun 03, 2024
Verified
In conducting a SWOT analysis, the presence of manufacturing efficiencies, a skilled workforce, a good market share, strong financing, and a superior reputation would be identified as a company's ___.
A) strategies
B) strengths
C) weakness
D) opportunities
E) threats
Market Share
The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales.
Skilled Workforce
An employment group that has specialized training, knowledge, and abilities in particular fields.
- Discern the pertinence of integrating SWOT analysis into strategic management and detail its components (strengths, weaknesses, opportunities, threats).
Verified Answer
TG
Trinity GodinaJun 05, 2024
Final Answer :
B
Explanation :
The qualities listed indicate strengths of a company in a SWOT analysis. Strategies refer to the approach a company takes to achieve goals, weaknesses are internal factors that hinder success, opportunities are external factors that could lead to success, and threats are external factors that could hinder success.
Learning Objectives
- Discern the pertinence of integrating SWOT analysis into strategic management and detail its components (strengths, weaknesses, opportunities, threats).
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