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Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?
- a)Internal factor, strength
- b)External factor, Opportunity
- c)Internal factor, Weakness
- d)External factor, Threat
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Liberalization of geographic markets is considered as which of the fol...
The correct answer is External factor, Opportunity.
SWOT analysis:
- SWOT analysis is a framework for identifying and analyzing an organization's strengths, weaknesses, opportunities, and threats. These words make up the SWOT acronym.
- The primary goal of SWOT analysis is to increase awareness of the factors that go into making a business decision or establishing a business strategy.
- To do this, SWOT analyzes the internal and external environment and the factors that can impact the viability of a decision.
Key Points
Elements of SWOT Analysis:
- Strengths: Internal attributes and resources that support a successful outcome, such as a diverse product line, loyal customers, or strong customer service.
- Weaknesses: Internal factors and resources that make success more difficult to attain, such as a weak brand, excessive debt, or inadequate staffing or training.
- Opportunities: External factors that the organization can capitalize on or take advantage of, such as favorable export tariffs, tax incentives, or new enabling technologies.
- Threats: External factors that could jeopardize the entity's success, such as increasing competition, weakening demand, or an uncertain supply chain.
Important Points
- Liberalization refers to the removal of controls in an industry or market to encourage the entry of new suppliers and thereby, increase the intensity of competition.
- In short – it means attempts to lower entry barriers so that a market becomes more contestable.
- Thus liberalization of geographical markets is an opportunity or an external factor that has a positive impact on the growth of an organization.
Hence, Liberalization of geographic markets is considered an external factor or opportunity under SWOT analysis.
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Community Answer
Liberalization of geographic markets is considered as which of the fol...
The correct answer is External factor, Opportunity.
SWOT analysis:
- SWOT analysis is a framework for identifying and analyzing an organization's strengths, weaknesses, opportunities, and threats. These words make up the SWOT acronym.
- The primary goal of SWOT analysis is to increase awareness of the factors that go into making a business decision or establishing a business strategy.
- To do this, SWOT analyzes the internal and external environment and the factors that can impact the viability of a decision.
Key Points
Elements of SWOT Analysis:
- Strengths: Internal attributes and resources that support a successful outcome, such as a diverse product line, loyal customers, or strong customer service.
- Weaknesses: Internal factors and resources that make success more difficult to attain, such as a weak brand, excessive debt, or inadequate staffing or training.
- Opportunities: External factors that the organization can capitalize on or take advantage of, such as favorable export tariffs, tax incentives, or new enabling technologies.
- Threats: External factors that could jeopardize the entity's success, such as increasing competition, weakening demand, or an uncertain supply chain.
Important Points
- Liberalization refers to the removal of controls in an industry or market to encourage the entry of new suppliers and thereby, increase the intensity of competition.
- In short – it means attempts to lower entry barriers so that a market becomes more contestable.
- Thus liberalization of geographical markets is an opportunity or an external factor that has a positive impact on the growth of an organization.
Hence, Liberalization of geographic markets is considered an external factor or opportunity under SWOT analysis.
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Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?a)Internal factor, strengthb)External factor, Opportunityc)Internal factor, Weaknessd)External factor, ThreatCorrect answer is option 'B'. Can you explain this answer?
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Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?a)Internal factor, strengthb)External factor, Opportunityc)Internal factor, Weaknessd)External factor, ThreatCorrect answer is option 'B'. Can you explain this answer? for UGC NET 2024 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?a)Internal factor, strengthb)External factor, Opportunityc)Internal factor, Weaknessd)External factor, ThreatCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UGC NET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?a)Internal factor, strengthb)External factor, Opportunityc)Internal factor, Weaknessd)External factor, ThreatCorrect answer is option 'B'. Can you explain this answer?.
Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?a)Internal factor, strengthb)External factor, Opportunityc)Internal factor, Weaknessd)External factor, ThreatCorrect answer is option 'B'. Can you explain this answer? for UGC NET 2024 is part of UGC NET preparation. The Question and answers have been prepared according to the UGC NET exam syllabus. Information about Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?a)Internal factor, strengthb)External factor, Opportunityc)Internal factor, Weaknessd)External factor, ThreatCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UGC NET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Liberalization of geographic markets is considered as which of the following factors under SWOT analysis?a)Internal factor, strengthb)External factor, Opportunityc)Internal factor, Weaknessd)External factor, ThreatCorrect answer is option 'B'. Can you explain this answer?.
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