Instead of studying the entire industry, a company's strengths, weaknesses, opportunities, and threats are identified using a SWOT analysis. This allows for both internal and external analysis of the company.
The legal status of a corporation is distinct from that of its shareholders. Some of the same legal rights and obligations apply to corporations as to people. They are able to sign contracts, make loans and take loans, sue and be defended, hire staff, possess properties, and pay any taxes.
In the United States, there are four main forms of corporations: sole proprietorships, Limited Liability Companies (LLCs), S-Corporations (S-Corps), and C-Corporations (C-Corp).
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The complete question is-
Potter and Stan, a multinational corporation, recently conducted some analyses that assessed the general environment and identified key areas of development. The firm now wants to assess its key areas of development and the potential risks in its environment. The firm does not want to dedicate resources to analyze the factors affecting its industry or other firms operating in the same industry. Which of the following techniques is most likely to help Potter and Stan?
A. The five forces analysis
B. PEST analysis
C. PESTEL analysis
D. - SWOT analysis
E. A strategic group analysis