The financial statement of Labyrinth Inc., a heavy-metal industry, for the year 2013, showed a loss in revenue. The main cause was the entry of new competitors in the market, with advanced skill and expertise. The company decided to conduct an internal assessment of the organization's weaknesses through a SWOT analysis. What was the possible deduction arrived at by the company through its internal analysis?
A) New regulations
B) Strong economy
C) Shortage of resources
D) Inadequate research and design
E) Weak market rivals
Correct Answer:
Verified
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