What do you mean by the term SWOT analysis
What do you mean by the term SWOT analysis? Explain in brief?
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The SWOT analysis includes recognizing the business’s weaknesses and also strengths the opportunities given and threats posed by the world exterior the business. The weaknesses and strengths are internal factors which are attributes of the business itself, while opportunities and threats are the factors predicted to be present in the atmosphere in which the business functions.
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
Profit or Loss (P&L) Analysis: A financial statement which summarizes the revenues, costs and expenses acquired during a particular period of time - in general a fiscal quarter or year. Such records give information which exhibits the capability o
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Unit Cost: The cost of a chosen unit of a good or service. Illustrations comprise dollar cost perton, machine hour, labor hour, and department hour.
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