Business, 20.03.2020 10:59 lexident

Which of the following is a drawback of the SWOT analysis? This framework is only applicable to the manufacturing industries; it is ineffective when applied to the service firms. The SWOT analysis takes into account only the internal environment of a firm, ignoring the equally important external environment. A drawback of this framework is that it allows managers to evaluate only a firm's current situation and not its future prospects. A problem with this framework is that a strength can also be a weakness, and that an opportunity can also simultaneously be a threat.

Answers: 3

Show answers

Answers

A problem with this framework is that a strength can also be a weakness, and that an opportunity can also simultaneously be a threat.

Explanation:

Strengths can be weakness: Companies through SWOT identify their strengths, and they spend most of their time to get grip over it. As much as time they spend doing it, the other spots(strength to be) for the company will be blurred. So that particular strength will work as their weaknesses.

For example: Company A relies on labor for packaging and they are really good at it in terms of saving time. Although, in modern times where other companies can reduce cost by using tech and can replace their work, but Company A is still using their old methods. Company A's strength will be then turned into their weakness i-e, not adapting change.

Opportunity can also simultaneously be a threat: When a company identifies that what is their potential for future in market, they will most probably try to achieve it, make it real. Although their are various risks that comes with opportunities, and if the opportunity is not assessed thoroughly it can harm the interests of the company.

For example: One company thinks that it's better to export goods outside because of globalization. But when the company exports their first batch a natural hazard destroys it's full batch. This threat would have been clear, if the company has assessed the opportunity thoroughly.

Answer from: Quest

2343423654 7u856 42346t345634

Answer from: Quest

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

Another question on Business

Business, 21.06.2019 23:30

On september 12, ryan company sold merchandise in the amount of $5,800 to johnson company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. ryan uses the periodic inventory system and the net method of accounting for sales. on september 14, johnson returns some of the non-defective merchandise, which is restored to inventory. the selling price of the returned merchandise is $500 and the cost of the merchandise returned is $350. the entry or entries that ryan must make on september 14 is (are): multiple choice sales returns and allowances 490 accounts receivable 490 merchandise inventory 350 cost of goods sold 350 sales returns and allowances 490 accounts receivable 490 sales returns and allowances 500 accounts receivable 500 sales returns and allowances 490 accounts receivable 490 merchandise inventory 343 cost of goods sold 343 sales returns and allowances 350 accounts receivable 350

Answers: 1

Answer

Business, 22.06.2019 10:00

Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.

Answers: 2

Answer

Business, 22.06.2019 23:30

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.

Answers: 1

Answer

Business, 22.06.2019 23:30

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?

Answers: 3

Answer

You know the right answer?

Which of the following is a drawback of the SWOT analysis? This framework is only applicable to the...

Questions

Business, 09.07.2019 07:30

Which terms best describe sales tax? check all that apply....