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WorksheetsPre-Test LAS 3 - BES
Total questions: 10
Worksheet time: 3mins
SWOT stand for?
Strength, Weight, Opportunity, Threat
Strong, Weight, Opportunity, Threat
Strength, Weaknesses, Opportunity, Threat
Strength, Weaknesses, Opportunity, Time
A strategic plan is typically reviewed and updated every ___
to ___ years.
1-2
3-5
6-8
10-20
A _____ provides guidance, articulates specific goals,
descriptions action steps and resources needed.
Business plan
Case study
Operating plan
Strategic plan
Which of the statement is TRUE about SWOT analysis?
Opportunity is the favorable situations with high possibilities of success, thus the firm should capitalize on it for greater potential.
Strength is the positive factors within a company that can help it to succeed.
Threats is the manageable situations that the firm should be aware of as it could lead to higher risks or losses.
Weakness is the negative factors within a company that hinder it from obtaining competitive edge.
A/An ______ is focused on the actions and investment necessary to generate income from a specific program or service. It includes information about products, competitive environment, and revenue-generation assumptions.
Business plan
Case study
Case study
Strategic plan
Being as ___________ possible is best when creating goals and objectives for a strategic plan
Abstract
Idealistic
General
Specific
The three key elements of strategic planning answer three questions, except for?
Where is your business now?
Where do you want to go?
Where do you want to take it?
What do you need to do to get there?
The stated below are example of issues that tend to overlooked in growing business.
Ownership structure
Financial status
The future role of the owner
The location of the business
Which is not part of steeple analysis?
Special
Economic
Legal
Political
It is a concise summary of where you see your business in five to ten years' time.
Objective
Mission
Vision
Dream
