What are the internal factors that impact food product development such as company image and financial position called?

The term that refers to factors such as company image and financial position, which play a significant role in food product development, is correctly identified as internal factors. Internal factors are elements that originate from within the organization and directly affect its operations and strategic decisions.

Company image reflects how the organization is perceived by customers and can influence brand loyalty and consumer trust, while financial position determines the resources available for research, development, and marketing of new products. These internal dynamics are critical for making informed decisions about product development and ensuring alignment with the company’s goals and capabilities.

Other choices referenced do not encompass this particular concept. External influences typically pertain to outside factors such as market conditions, regulations, or competitor actions. Market trends focus on consumer preferences and behaviors in the broader marketplace. SWOT analysis, while encompassing internal aspects like strengths and weaknesses, also covers external opportunities and threats, and thus is a broader strategic tool rather than a direct reference to internal factors alone.