
Strategic Planning
Quiz
•
Business
•
University
•
Practice Problem
•
Easy
Lejanae Atkinson
Used 1+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of a vision statement?
a) To outline financial goals
b) To define the desired future position of the company
c) To describe current operations
d) To list competitors
a
b
c
d
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of a mission statement?
a) Describing the organization’s purpose and core values
b) Defining financial objectives
c) Setting marketing goals
d) Listing operational tasks
a
b
c
d
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which statement is aspirational in nature?
a) Vision statement
b) Mission statement
c) SWOT analysis
d) Marketing strategy
a
b
c
d
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which component of SWOT refers to internal limitations?
a) Strengths
b) Weaknesses
c) Opportunities
d) Threats
a
b
c
d
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does SWOT stand for?
a) Strengths, Weaknesses, Options, Tasks
b) Strategic Wins, Options, Threats
c) Strengths, Weaknesses, Opportunities, Threats
d) Strategies, Weaknesses, Outcomes, Trends
a
b
c
d
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which component of SWOT focuses on external factors that benefit the company?
a) Strengths
b) Weaknesses
c) Opportunities
d) Threats
a
b
c
d
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business strategies are typically developed to operationalize what?
a) Market trends
b) Mission statement
c) Financial forecasts
d) SWOT analysis
a
b
c
d
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