Quiz 4

When defining a problem, your problem statement should include a solution.

• True

• False

Positive and controllable factors that contribute to the business’ success.

• Strength

• Opportunities

• Weaknesses

• Threats

Competitors in the market are an example of a weakness.

• True

• False

PESTLE Analysis identifies factors that occur within the organization.

• True

• False

The question, "By WHEN will the goal be accomplished?" goes with which letter of SMART?

• Measurable

• Timely

• Attainable

• Specific

Which goal is achievable given the information?

• Sara is 600lbs and wants to lose 400lbs by next month.

• Kyleigh wants to grow a foot by tomorrow.

• Sally can do 20 push-ups in a minute and wants to do 25 by next week.

• Jason currently has $20. He wants to buy a PlayStation that costs $300 tomorrow evening. He makes minimum wage and can only work up to 8 hours a day.

What is lacking in this statement: "I want to get into USC by getting a 1400 on my SAT and writing strong essays."

• Specific

• Measurable

• Relevant

• Time-Based

Which letter of SMART does this apply to:

State exactly what is to be done.

• Measurable

• Time bound

• Specific

• Realistic

Which of the following is a short-term goal?

• Becoming a doctor

• Buying a new house

• Making the school soccer team

• Saving money for college

Which of the following is a long-term goal?

• Getting an A on the math quiz next week

• Buying a new phone this weekend

• Making the school soccer team

• Saving money for college