Business Tools for Strategic Analysis
Authored by Lilian Puig
Business
12th Grade
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does SWOT stand for?
Strengths, Weaknesses, Opportunities, Threats
Sales, Workforce, Operations, Technology
Strategies, Wins, Objectives, Targets
Suppliers, Warehouses, Orders, Transportation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an internal factor in a SWOT analysis?
Opportunities
Threats
Strengths
Weaknesses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of Ansoff's Matrix?
To analyze a business's products for long-term strategic planning
To assess the attractiveness of a new industry
To evaluate the bargaining power of suppliers
To identify the degree of competition in an industry
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which strategy in Ansoff's Matrix involves introducing new products to existing markets?
Market Penetration
Product Development
Market Development
Diversification
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the BCG Matrix used for?
To compare a business's products and assess their performance
To analyze the competitive forces in an industry
To evaluate the risk associated with different strategies
To assess the attractiveness of a new industry
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a competitive force in Porter's Five Forces analysis?
Bargaining power of suppliers
Market growth
Internal features of the business
Product differentiation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of Porter's Five Forces analysis?
To better understand the competitive forces in an industry
To assess the attractiveness of a new industry
To analyze a business's products for long-term strategic planning
To evaluate the risk associated with different strategies
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