BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ and ____ are internal factors that affect a business operation.
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Strengths and Weaknesses
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Strengths and Opportunities
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Opportunities and Threats
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Weaknesses and Threats
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Explanation:
Detailed explanation-1: -External factors include political, economic, sociocultural, technological, environmental, and legal factors. These are factors that happen outside of the company but still, impact its ability to do business. Internal factors include culture changes, management changes, and employee morale.
Detailed explanation-2: -Strengths and weaknesses are internal to your company-things that you have some control over and can change. Examples include who is on your team, your patents and intellectual property, and your location. Opportunities and threats are external-things that are going on outside your company, in the larger market.
There is 1 question to complete.