Business Management Warm-Ups 2/2/24
Quiz by NeKeisha King Price
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10 questions
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- Q1Which of the following is an example of a strength in SWOT analysis?Lack of resourcesStrong brand imageIntense competitionEconomic recession30s
- Q2Which of the following is an example of a weakness in SWOT analysis?Outdated technologyEconomic stabilitySkilled workforceOpportunities for growth30s
- Q3Which of the following is an example of an opportunity in SWOT analysis?Introduction of a new marketStrong competitionInefficient supply chainDecreasing customer demand30s
- Q4Which of the following is an example of a threat in SWOT analysis?New government regulationsHigh-quality productsStrong customer baseEfficient supply chain30s
- Q5Which of the following is not a component of SWOT analysis?WeaknessesCompetitionStrengthsOpportunities30s
- Q6What does the 'S' in SWOT analysis stand for?OpportunitiesWeaknessesThreatsStrengths30s
- Q7What does the 'W' in SWOT analysis stand for?WeaknessesOpportunitiesThreatsStrengths30s
- Q8What does the 'O' in SWOT analysis stand for?WeaknessesThreatsOpportunitiesStrengths30s
- Q9What does the 'T' in SWOT analysis stand for?ThreatsWeaknessesStrengthsOpportunities30s
- Q10What is the purpose of conducting a SWOT analysis?To develop marketing strategiesTo assess the internal and external factors affecting a businessTo hire new employeesTo calculate profit margins30s