6. True or False? (With respect to SWOT Analysis) (a) Company X with declining demand decides to sell its unique technological capabilities to Company Y who is ready to pay a good amount for the same. This is an example of WT strategy. (b) A supplier decides to reduce the price of its over-priced product in an attempt to beat competition. This is an example of WO strategy. Both statements are false Only (a) is true Only (b) is true

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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6. True or False? (With respect to SWOT
Analysis)
(a) Company X with declining demand
decides to sell its unique technological
capabilities to Company Y who is ready to
pay a good amount for the same. This is an
example of WT strategy.
(b) A supplier decides to reduce the price of
its over-priced product in an attempt to beat
competition. This is an example of WO
strategy.
Both statements are false
Only (a) is true
O Only (b) is true
Both statements are true
Transcribed Image Text:6. True or False? (With respect to SWOT Analysis) (a) Company X with declining demand decides to sell its unique technological capabilities to Company Y who is ready to pay a good amount for the same. This is an example of WT strategy. (b) A supplier decides to reduce the price of its over-priced product in an attempt to beat competition. This is an example of WO strategy. Both statements are false Only (a) is true O Only (b) is true Both statements are true
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