Swot analysis to list highly competent workforce

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Reference no: EM132287606

1. Filing a complaint for a contract breach would fall under what type of laws?

Procedural, civil, private

Substantive, civil, private

Substantive, criminal, public

Procuedural, criminal, private

2. The best place in a SWOT analysis to list a highly competent workforce is _____.

- internal weaknesses

- internal opportunities

- external threats

- internal strengths

- external opportunities

3. Which of the following is true of utility?

A- Utility is defined as a ratio of benefits to costs, as viewed from the eyes of the beholder.

B- Place utility is created when the firm converts raw materials into finished products that are desired by the market.

C- Form utility is created when products are available to customers at a convenient location.

D- The three utilities—form, price, and ownership—are created by marketing.

E- The four major kinds of utility are form, time, place, and ownership.

4. A benefit is some type of utility that a company and its products provide for customers.

- True

- False

5. Which of the following competitive forces is NOT addressed directly by Michael Porter?

A - Relative power of other stakeholders

B - Rivalry among existing firms

C - Threat of new entrants

D - Bargaining power of suppliers

E - Threat of substitute products

Reference no: EM132287606

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