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QUIZ SWOT MATRIX STRATEGIES

Quiz by Harold N. Noga

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20 questions
Show answers
  • Q1
    it is an important tool that help managers to develop 4 types of strategies answer.
    SWOT matrix
    PESTLE matrix
    SO matrix
    WT matrix
    45s
  • Q2
    This type of strategy aims at providing solutions to internal weaknesses by taking advantage of external opportunities.
    WO strategy
    WT strategy
    SO strategy
    ST strategy
    45s
  • Q3
    This type of strategy uses a firm's strength to avoid or reduce the impact of external threats.
    WT strategy
    ST strategy
    SO strategy
    WO strategy
    45s
  • Q4
    It is the defensive tactics directed at reducing internal weakness and avoiding external threats.
    SO strategy
    WT strategy
    ST strategy
    WO strategy
    45s
  • Q5
    It is the characteristic of a business which give it advantages over its competitors.
    opportunities
    corporate edge
    strength
    competitive advantage
    45s
  • Q6
    Elements in the company's external environment that allow it to formulate and implement strategies to increase profitability.
    threats
    strengths
    weaknesses
    opportunities
    45s
  • Q7
    Why 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
  • Q8
    Jessica 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
  • Q9
    The 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
  • Q10
    The 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's
    strength
    competitive advantage
    opportunities
    weaknesses
    45s
  • Q11
    A company with strong free cash flows that provide resources in the hand of the company to expand into new projects has its __________.
    competitive intelligence
    competitive advantage
    strength
    opportunities
    45s
  • Q12
    A company with an organization structure that is only compatible with present business model thus limiting expansion in adjacent product segments is apparently has _______________.
    strengths
    threats
    weaknesses
    opportunities
    45s
  • Q13
    Opening of new markets because of government agreement is considered as _____________.
    opportunities
    threats
    strengths
    weaknesses
    45s
  • Q14
    The low inflation rate bring more stability in the market, enable credit at lower interest rate to the customers. It provides _____________ for the company.
    opportunity
    strengths
    weaknesses
    threats
    45s
  • Q15
    New trends in the consumer behavior can open up new market. This is an example of _____________.
    threats
    strengths
    opportunities
    weaknesses
    45s

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