SWOT Analysis and Entrepreneurial characteristics-Warm Ups 10/9/24
Quiz by Nekeisha King-Price
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10 questions
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- Q1Which characteristic is often associated with successful entrepreneurs?IndecisivenessRisk-takingProcrastinationAvoidance30s
- Q2What does the 'O' in SWOT analysis signify?ObjectivesOutcomesObstaclesOpportunities30s
- Q3In a SWOT analysis, what does the 'W' stand for?WondersWisdomWeaknessesWants30s
- Q4Which element of SWOT analysis focuses on internal strengths of a business?StaffingStrategiesSystemsStrengths30s
- Q5Which element of SWOT Analysis focuses on what a business or individual does better than others?WeaknessesStrengthsThreatsOpportunities30s
- Q6In a SWOT Analysis, which component represents the external factors that could harm a business?WeaknessesThreatsStrengthsOpportunities30s
- Q7What aspect of SWOT Analysis identifies potential areas for growth or improvement?WeaknessesOpportunitiesThreatsStrengths30s
- Q8What is the purpose of conducting a SWOT Analysis for a business?To determine employee salariesTo create a marketing strategyTo decide on product pricingTo assess internal and external factors affecting performance30s
- Q9Which characteristic of successful entrepreneurs involves being proactive and seeking new opportunities?CautionLazinessInitiativePassivity30s
- Q10Which of the following best describes an entrepreneur's resilience?The ability to bounce back from failuresIgnoring challengesSeeking approval from othersAvoiding risks30s