TRENDS

Which of the following is a key component of strategic analysis?

• Gut feel

• Lack of rationalization

• SWOT analysis

• Social network mapping

What does the "W" in SWOT analysis stand for, and what is an example?

• Weakness – Spending too much money

• Want – Low food price

• Willpower – Skilled staff

• Work – Expansion of franchise

Which is NOT a component of PEST analysis?

• Political

• Environmental

• Social

• Technological

Which of the following reflects intuitive thinking?

• Using a SWOT matrix

• Following a step-by-step plan

• Applying PEST analysis

• Making a decision based on gut feel

What is the main purpose of strategic analysis in an organization?

• To rely on past experiences only

• To examine situations through gut feeling

• To create solutions using a step-by-step and logical process

• To replace planning with creativity

. What does “non-sequential” mean in intuitive thinking?

• You follow steps

• You skip steps

• You use a schedule

• You plan ahead

What is globalization?

• A new kind of school

• A kind of government

• A local tradition

• The connection of people, countries, and systems around the world

Who defined globalization as “understanding the world as a whole”?

• Albert Einstein

• Roland Robertson

• Bill Gates

• Martin Luther King

Which of the following is an example of economic globalization?

• McDonald’s operating in many countries

• Visiting a friend

• Family dinner

• Watching movies

What type of globalization involves spreading technology across countries?

• Economic

• Political

• Social

• Technological