true or false
1. Swot Analysis is used to determine and assess the business ability to
compete in the market.
2. Strategic planning is an act in assessing business capability in order to
achieve the objectives and course of action to perform.
3. Systematic approach is used in strategic planning in order to achieve
organization objectives.
4. Developing mission statement must be developed before strategic planning
activities.
5. Mission statement described strategic planning.
6. Opportunity in the swot analysis is offered by the internal environment.
7. Strategies determine the use of resources.
8. Sales performance is used to predict the future sales or income of the firm.
9. An entrepreneur often encounters problems related to financing.
10. Marketing application in the business plan determines your target market
for your product.​