1C - Situational analysis
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Business
9th Grade
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by 'competitive advantage?'
When an enterprise is break even
When an enterprise is supposedly doing well but isn't really
When an enterprise is doing well (has more strengths than weaknesses)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does SWOT stand for?
Strengths, weaknesses, opportunities, threats
Stealth, weaknesses, opportunities, threats
Speed, weaknesses, opportunities, treats
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might an enterprise do a SWOT analysis?
They want to identify all the internal and external factors that might impact them just in case they need to prove it's been done
They want to identify all the internal and external factors because that they only way they will get a loan from the bank
They want to identify all the internal and external factors that will impact them to know how they should react proactively to them
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Maintaining a high number of customers, having a good reputation and offering quality service are all examples of ...
Opportunity
Strengths
Success
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Lack of provision for staff, not enough resources that would improve trade, goods or services that are not selling as well as others are all examples of
Threats
Opportunities
Weaknesses
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is based on either strengths and/or weaknesses that could help the enterprise improve ...
Opportunities
Strengths
Options
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Changes in customer taste, new competition changing what they are doing on increasing their marketing, existing or new competitors lowering their prices to negatively affect the enterprise are examples of ...
Threats
Poor decision making
Inability to proactively address issues
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