Swot and pest analysis

Flashcard
•
Business
•
12th Grade
•
Hard
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21 questions
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1.
FLASHCARD QUESTION
Front
The Center is located within a two-minute walk of the main bus station, and is a fifteen-minute ride away from the local railway station. What is this an example of?
Back
Strength
2.
FLASHCARD QUESTION
Front
Due to an increase in disposable income (purchasing power) over the last six years, local residents have more money to spend on leisure activities. What does this represent?
Back
Opportunity
3.
FLASHCARD QUESTION
Front
What does PEST stand for in PEST Analysis?
Back
Political, Economic, Social, and Technological.
4.
FLASHCARD QUESTION
Front
What is the purpose of PEST Analysis?
Back
To assess external factors that can impact an organization's performance and decision-making.
5.
FLASHCARD QUESTION
Front
What is the purpose of SWOT Analysis?
Back
To assess strengths, weaknesses, opportunities, and threats
6.
FLASHCARD QUESTION
Front
Things within a business that managers can influence and control (as it relates to SWOT)
Back
Internal Factors
7.
FLASHCARD QUESTION
Front
Things outside a business that managers cannot control (as it relates to SWOT)
Back
External Factors
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