The analysis of strengths and weaknesses are included in __________?
Correct answer: D. internal environment
- A. external environment
- B. market environment
- C. product environment
- D. internal environment
Explanation
Strengths and weaknesses are internal factors because they arise from the firm's resources, capabilities, and limitations. Opportunities and threats, by contrast, are normally analysed in the external environment.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Marketing
Marketing covers how organisations identify customer needs, create value and exchange products or services through suitable markets. Key concepts include market segmentation, targeting, positioning, consumer behaviour, the marketing mix of product, price, place and promotion, branding, product life cycle and differences between marketing and selling.
Practise Marketing
1,700 free Marketing MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Marketing questions
The list of company's major strategic alliances do not include _________?
The approving of orders, shipping of goods on time and payment of collection is the part of _________?
The 'market-development strategy' is used to gain market share __________?
When two companies join hands to market new or complementary products, it is best classified as __________?
The planning of target market and value proposition of firm is the part of ___________?
For the planning of period, the development of specific goals is called __________?