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WorksheetsSWOT Analysis in Business
Total questions: 11
Worksheet time: 6mins
What is the purpose of performing a SWOT Analysis? (CRE)
Identifies internal and external factors that may affect the business future performance.
Access a organisations performance
Evaluates whether the business venture is a good idea.
Gives the management team a broader view on the potential opportunity
What would be a potential threat to a business?(EVA)
Changes in technology and markets e.g. The internet.
Ability to prioritize
Flexibility
Intrusions in the market
Give an example of 2 potential threats to a business?(APP)
Business interruptions, electronic data breaches
Liability losses, local and global events
Changes in government policy, self confidence
Resilience, optimistic
When assessing on the businesses external environment the owner is concerned with?(APP)
Opportunities and Threats
weaknesses and threats
strengths and weaknesses
strengths and opportunities
What does the acronym SWOT stands for?(EVA)
Strengths, Weaknesses, Obligations, Threats
Strengths, Weaknesses, Opportunities, Threats
Strengths, Weak points, Opportunities, Threats
Strengths, Weaknesses, Opportunities, Time
Why is it important for the business to evaluate managerial decisions using a SWOT analysis? (UND)
It analysis strengths, weaknesses, obligations and threats
It analysis strong points, weak points, opportunities and threats
It analysis strengths, weaknesses, opportunities and threats
It analysis strengths, weaknesses, opportunities and time
Mr. Jonas has conducted a SWOT analysis for his restaurant. What should his next step be? (CRE)
Making sure that weaknesses are offset by the strengths and threats are turned into opportunities.
Making sure that weaknesses are offset by opportunities and threats are turned into strengths.
Making sure that strengths are offset by weaknesses and opportunities and turned into threats.
Making sure that opportunities are offset by threats and strengths are turned into weaknesses.
The first step Mr. Jonas consider determining the feasibly of a new project or expansion project is to determine? (REM)
External strengths and threats
External weaknesses and opportunities
Internal opportunities and threats
Internal strengths and weaknesses
Mr. Jonas discovered that a new competitor has entered the market. At which stage of the SWOT analysis would this discovery probably be made? (ANA)
Analysis of strengths
Analysis of weaknesses
Analysis of opportunities
Analysis of threats
During the SWOT analysis Mr. Jonas has learned that another restaurant will be opening soon at the same location. He believes that consumers will be more interested in the new restaurant. Where would you analyses this information in your SWOT analysis?(REM)
strengths
weaknesses
opportunities
threats
A SWOT analysis examines internal and external environment. (REM)
true
false
