REMEDIAL QUIZ

A growing preference for vegan food is an example of a:

• Threat

• Opportunity

• Market Demand

• Technology Trend

What is discovered when a student notices that their community lacks a laundry shop despite busy households?

• Threat

• Strength

• Unique Selling Proposition

• Market Demand

Selling eco-friendly notebooks made from recycled paper is an example of:

• Strength

• Weakness

• Threat

• Feasible

A water refilling station with many loyal customers shows which part of a SWOT analysis?

• Market Size

• Legal Factor

• Customer Needs

• Technological Threat

Understanding what customers want and prefer refers to:

• Threat

• Weakness

• Opportunity

• Demographic

When another business sells the same product as yours at a lower price, it is an example of:

• Threat

• Competition

• Weakness

• Legal Factor

Which brand reflects their branding strategy with stickers that say “Intel Inside” on laptops?

• Microsoft

• Intel

• Acer

• Samsung

If there is limited space and high rent for a planned business, what must be checked first?

• Opportunity

• Feasibility

• Threat

• Technology Trend

Evaluating politics, laws, and technology as part of business planning refers to:

• SWOT Analysis

• PESTEL Analysis

• Demographics

• USP

Poor location and lack of promotion in a business plan represent:

• Threat

• Weakness

• Opportunity

• Demographic