Final answer:
The incorrect reason to conduct a SWOT Analysis from the given options is 'c. Identify firm's technological factors', as this is not a separate category within the SWOT framework. Competing corporations join together because of shared strength, common industry issues, and governmental policy benefits.
Step-by-step explanation:
The student's question involves identifying an incorrect reason to conduct a SWOT Analysis. Among the options provided, c. Identify firm's technological factors is the one that does not directly correspond to the traditional components of a SWOT Analysis. A SWOT Analysis is a strategic planning tool used to identify a firm's Strengths, Weaknesses, Opportunities, and Threats. Although technological factors can influence a firm's opportunities and threats, they are not a separate category within the SWOT Analysis framework itself.
Several competing corporations might join together in an association for various strategic reasons, such as: a. because there is often strength in numbers, b. because they often have common issues that may affect an entire industry, and c. because they can all benefit from governmental policies. These reasons collectively provide an advantage to the group, sharing resources, lobbying power, and industry insights.