BOML411

What do SMART goals do?

• Make you smarter

• Define business or personal objectives

• Guarantee a successful business

• Estimate start up cost

What does the "M" in SMART stand for?

• Marketing

• Money

• Management

• Measurable

Which analysis is used to determind strengths and weaknesses

• PEST analysis

• SWOT analysis

Name one of Porter's forces

• Bargaining power of suppliers

• Bargaining power of the economy

• Threat of bankrupcy

• SWOT

How many forces does Porter have?

• 3

• 5

• 1

• 7

What does PEST stand for?

• Political, Economic, Social, and Technological

• Political, Entrepreneur, Social, and Technological

• Political, Economic, Strategic, and Technological

• Political, Economic, Social and Tangible