Question : The SWOT analysis includes the evaluation of:
Option 1: Strengths, weaknesses, opportunities, and threats
Option 2: Sales, wages, operations, and taxes
Option 3: Suppliers, workers, objectives, and targets
Option 4: Structure, work environment, organization, and training
Correct Answer: Strengths, weaknesses, opportunities, and threats
Solution : The correct answer is (a) Strengths, weaknesses, opportunities, and threats.
The SWOT analysis is a strategic planning tool used to assess an organization's internal strengths and weaknesses, as well as external opportunities and threats. It involves identifying and analyzing the organization's positive attributes (strengths), areas for improvement (weaknesses), external factors that can be leveraged (opportunities), and external factors that pose risks or challenges (threats). The SWOT analysis provides insights that help in developing strategies to capitalize on strengths, address weaknesses, exploit opportunities, and mitigate threats.
Question : Which objective of management focuses on creating a positive work environment?
Question : Case Study: XYZ Manufacturing Company
XYZ Manufacturing Company is a well-established firm that produces consumer electronics. They have been facing increased competition and declining sales in recent years. The management is looking for ways to revamp
Question : Assertion: management is termed as a continuous and a group activity.
Reason: every individual of a firm joins the organization with various different reasons and purpose and work towards the fulfillment of personal objectives rather than the organizational
Question : Which of the following is a primary objective of management?
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