📚 Learning Guide
Business Analysis Techniques
medium

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

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Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
Learn Explanation
4
Explore Topic

Choose AnswerChoose the Best Answer

A

Market competition

B

Technological advancements

C

Employee skills

D

Economic downturn

Understanding the Answer

Let's break down why this is correct

Employee skills are part of the organization’s own resources. Other options are incorrect because Many think market competition is inside the company, but it comes from outside the firm; Technological advancements are often seen as internal because a firm can adopt them.

Key Concepts

SWOT Analysis
Internal vs. External Factors
Business Strategy
Topic

Business Analysis Techniques

Difficulty

medium level question

Cognitive Level

understand

Deep Dive: Business Analysis Techniques

Master the fundamentals

Definition
Definition

Business analysis techniques are methods used to evaluate and improve business processes, systems, and strategies. These tools help in identifying problems, opportunities, and solutions for enhancing organizational performance. Proficiency in business analysis techniques is valuable for driving innovation and efficiency.

Topic Definition

Business analysis techniques are methods used to evaluate and improve business processes, systems, and strategies. These tools help in identifying problems, opportunities, and solutions for enhancing organizational performance. Proficiency in business analysis techniques is valuable for driving innovation and efficiency.

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