Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Tools ps IS Learn It: Chapter 03: Planning and Strategic Management The table gives examples of different factors considered in a SWOT analysis. Identity whether each factor is a strength, weakness, opportunity, or threat. Example: A favorable regulatory environment for the organization's industry Providing excellent customer service Little cash to pay bills Strength Weakness Opportunity Threat Select the correct responses to the following question. For an organizational capability to be a distinctive competency, what needs to be true? Check all that apply. The capability is possessed by only one or a few organizations. The capability is possessed by most of the organization's competitors. The capability is a strength of the organization. The capability is a weakness of the organization.
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Transcribed Image Text:Tools ps IS Learn It: Chapter 03: Planning and Strategic Management The table gives examples of different factors considered in a SWOT analysis. Identity whether each factor is a strength, weakness, opportunity, or threat. Example: A favorable regulatory environment for the organization's industry Providing excellent customer service Little cash to pay bills Strength Weakness Opportunity Threat Select the correct responses to the following question. For an organizational capability to be a distinctive competency, what needs to be true? Check all that apply. The capability is possessed by only one or a few organizations. The capability is possessed by most of the organization's competitors. The capability is a strength of the organization. The capability is a weakness of the organization.
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Step 1: Introduction to SWOT Analysis
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Step 2: Identify Whether the following factors are Strength Weakness Opportunities or Threats
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Step 3: Providing Excellent Customer Service
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Step 4: Little cash to pay bills
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