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BTEC Enterprise: C3 quiz (1)

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

SWOT analysis is a method for analysing a business, its resources and its _____

a)

profit levels.

b)

stakeholders.

c)

employees.

d)

environment.

2.

SWOT analysis aims to discover ____

a)

How many employees to hire.

b)

How many units to sell in order to break even

c)

What the business does better than the competition

d)

the meaning of life.

3.

SWOT analysis aims to discover:

a)

What employees do better

b)

What stakeholders do better

c)

What shareholders do better

d)

What competitors do better

4.

SWOT analysis aims to discover:

a)

Whether it is making the most of the opportunities available

b)

What their gross profit margins are.

c)

Who their target market is.

d)

The key political threats facing the enterprise.

5.

What does the S in SWOT stand for?

a)

Society

b)

Social

c)

Selling

d)

Strengths

6.

What does the W in SWOT stand for?

a)

Withdraw

b)

Weather

c)

Weaknesses

d)

Weighted

7.

What does the O in SWOT stand for?

a)

Opportunities

b)

Opportunity costs

c)

Opportunity exit

d)

Openness

8.

What does the T in SWOT stand for?

a)

Technoligical

b)

Threats

c)

Turnover

d)

Trading

9.

What does the P in PEST analysis stand for?

a)

Profit

b)

Pressure

c)

Political

d)

Potential

10.

What does the E in PEST analysis stand for?

a)

Ergonomic

b)

Environmental

c)

Economic

d)

Ecological

11.

What does the T in PEST analysis stand for?

a)

Time Bound

b)

Threat

c)

Technological

d)

Turnover

12.

What does the S In SMART objective stand for?

a)

Social

b)

Selling

c)

Sales

d)

Specific

13.

What does the A in SMART objective stand for?

a)

Achievable

b)

Aim

c)

Aspire

d)

Alleviate

14.

What does the M in SMART objective stand for?

a)

Monetary

b)

Measurable

c)

Memorandum

d)

Money

15.

What does the R in SMART objective stand for?

a)

Redundant

b)

Risk

c)

Relevant

d)

Reward

16.

What does the T in SMART objective stand for?

a)

Time bound

b)

Timeless

c)

Trading

d)

Turnover

17.

Strengths and weaknesses are ____

a)

factors which cannot be controlled by an SME.

b)

external to the business.

c)

internal to the business.

d)

key elements of the PEST analysis.

18.

Opportunities and threats are ____

a)

External to the business

b)

Internal to the business

c)

issues that are controlled within an enterprise.

d)

key elements of a SMART objective.

19.

There is no point producing a SWOT analysis unless it is _____!

a)

verbally communicated to all stakeholders.

b)

emailed to HR

c)

faxed to accounting.

d)

actioned .

20.

A key challenge for any business is to convert ______.

a)

weaknesses into strengths.

b)

strengths into weaknesses

c)

opportunities into threats.

d)

threats into weaknesses.