In a SWOT analysis, which of the following represents an internal factor that can impact an organization's performance?

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Market competition

Technological advancements

Employee skills

Economic downturn

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Answer

In a SWOT analysis, the internal factors are the Strengths and Weaknesses that come from within the organization. Strengths are things the company does well, like a strong brand or skilled staff, while Weaknesses are areas where it falls short, such as high costs or poor technology. These internal factors directly influence how the organization performs because they shape its ability to compete and grow. For example, if a company has a highly efficient production line (a Strength), it can lower costs and deliver products faster, giving it an advantage over rivals.

Detailed Explanation

Employee skills are inside the company. Other options are incorrect because Competition comes from outside the company; Technology can be inside or outside, but here it is seen as an external influence.

Key Concepts

SWOT Analysis

Internal vs. External Factors

Business Strategy

Topic

Business Analysis Techniques

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medium level question

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