QUIZ SWOT MATRIX STRATEGIES
Quiz by Harold N. Noga
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20 questions
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- Q1it is an important tool that help managers to develop 4 types of strategies answer.SWOT matrixPESTLE matrixSO matrixWT matrix45s
- Q2This type of strategy aims at providing solutions to internal weaknesses by taking advantage of external opportunities.WO strategyWT strategySO strategyST strategy45s
- Q3This type of strategy uses a firm's strength to avoid or reduce the impact of external threats.WT strategyST strategySO strategyWO strategy45s
- Q4It is the defensive tactics directed at reducing internal weakness and avoiding external threats.SO strategyWT strategyST strategyWO strategy45s
- Q5It is the characteristic of a business which give it advantages over its competitors.opportunitiescorporate edgestrengthcompetitive advantage45s
- Q6Elements in the company's external environment that allow it to formulate and implement strategies to increase profitability.threatsstrengthsweaknessesopportunities45s
- Q7Why is it important for companies to evaluate managerial decisions using a SWOT Analysis?It analyzes strengths, weaknesses, opportunities, and threats.It analyzes strengths, weaknesses, obligations, and threats.It analyzes strong points, weak points, opportunities, and threats.It analyzes strengths, weaknesses, opportunities, and time.60s
- Q8Jessica has just conducted a SWOT analysis of her firm. What should her next steps be?Making sure that weaknesses are offset by the strengths and threats are turned into opportunities.Making sure that strengths are offset by weaknesses and opportunities and turned into threats.Making sure that weaknesses are offset by opportunities and threats are turned into strengths.Making sure that opportunities are offset by threats and strengths are turned into weaknesses.60s
- Q9The first steps management should consider determining the feasibility of a new project or expansion project is to determine:Internal strengths and weaknesses.External weaknesses and opportunities.Internal opportunities and threats.External strengths and threats.45s
- Q10The company with its dedicated customer relationship management department has able to achieve a high level of customer satisfaction among present customers and good brand equity among the potential customers. This is considered as the company'sstrengthcompetitive advantageopportunitiesweaknesses45s
- Q11A company with strong free cash flows that provide resources in the hand of the company to expand into new projects has its __________.competitive intelligencecompetitive advantagestrengthopportunities45s
- Q12A company with an organization structure that is only compatible with present business model thus limiting expansion in adjacent product segments is apparently has _______________.strengthsthreatsweaknessesopportunities45s
- Q13Opening of new markets because of government agreement is considered as _____________.opportunitiesthreatsstrengthsweaknesses45s
- Q14The low inflation rate bring more stability in the market, enable credit at lower interest rate to the customers. It provides _____________ for the company.opportunitystrengthsweaknessesthreats45s
- Q15New trends in the consumer behavior can open up new market. This is an example of _____________.threatsstrengthsopportunitiesweaknesses45s