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WorksheetsInt Mktg 5 SWOT PESTLE
Total questions: 119
Worksheet time: 1hrs 27mins
What does S stand for in SWOT?
small
strong
strengths
slow
What does W in SWOT stand for?
weather
weaknesses
wrong
wide
What does O in SWOT stand for?
open
only
opportunities
open-minded
What does T in SWOT stand for?
true
threats
trade
troubles
Positive and controllable factors that contribute to the success of parks
Strength
Weaknesses
Opportunities
Threat
Negative factors that are beyond the control of the Parks Management.
Strength
Weaknesses
Opportunities
Threat
Positive factors that are not within the control of the business.
Strength
Weaknesses
Opportunities
Threat
Internal resources such as skilled, knowledgeable staff.
Strength
Weakness
Opportunity
Threat
Things your company lacks.
Strength
Weakness
Opportunity
Threat
Things your competitor does better than you.
Strength
Weakness
Opportunity
Threat
Resource limitations.
Strength
Weakness
Opportunity
Threat
The information in the SWOT must be?
Honest and Real
Theoretical
Unrealistic
Based on future events
Negative press/media coverage.
Strength
Weakness
Opportunity
Threat
You conduct a SWOT analysis and find out that a new competitor is opening within 5 miles of your store. This would be considered a __________.
Strength
Weakness
Opportunity
Threat
By identifying areas under the weaknesses section, how does this help you develop?
So that you can avoid them.
So that you can pretend they don't exist and ignore them
Use them to identify areas for development and focus on them
By allowing other people to see them and use them against you.
Negative factors that are beyond the control of the business.
Strength
Weaknesses
Opportunities
Threats
Positive and controllable factors that contribute to the business’ success.
Strength
Weaknesses
Opportunities
Threats
New and popular products are being introduced in the market from other competitors.
Strength
Weaknesses
Opportunities
Threats
The business space has a limited capacity to entertain many customers at the same time.
Strength
Weaknesses
Opportunities
Threats
The small nature of the business enables it to provide excellent customer care because the small amount of work allows its staff to devote more time to customers.
Strength
Weaknesses
Opportunities
Threats
Which one is a STRENGTH for McDonald’s?
Having the largest fast food market share in the world
The idea to add home meal delivery
Lawsuits against McDonald’s
Unhealthy food
Which one is a WEAKNESS for McDonald’s?
Changing customer habits and new customer groups
$2 million advertising budget
Lawsuits against McDonald’s
High employee turnover
Which one is an OPPORTUNITY for McDonald’s?
Local fast food restaurant chains
The idea to add home meal delivery
Existing partnerships with many big brand names
Negative publicity
Which one is a THREAT for McDonald’s?
An unhealthy food menu
Brand recognition valued at $40 billion
Creating new menu items for changing customer habits and new customer groups
Trend towards healthy eating
A change in customers' likes and interests may be seen as a/n
Opportunity
Strength
Weakness
Threat
Internal factors that may limit a company's ability to achieve its goals would be known as a
Strength
Weakness
Opportunity
Threat
If a business conducts a SWOT analysis to decide whether or not to expand, which of the following would be categorized as an opportunity?
money is available for the expansion
new competition could enter the market
there is a potential for increased profits
company expenses have increased
Which option below lists the internal factors of a SWOT analysis?
Strengths and Opportunities
Weaknesses and Threats
Weaknesses and Strengths
Threats and Opportunities
Which option below lists the external factors of a SWOT analysis?
Strengths and Opportunities
Weaknesses and Threats
Weaknesses and Strengths
Threats and Opportunities
A damaged reputation would be considered a (n)
Strength
Weakness
Opportunity
Threat
You are conducting a SWOT analysis and find out that a new competitor is opening within 5 miles of your store. This would be considered a (a) .
Great customer service would be considered a (n)
Strength
Weakness
Opportunity
Threat
External factors that a company may be able to take advantage of would be listed under
Threats
Opportunities
Strengths
Weaknesses
When your competitors have access to better channels of distribution, that would be considered a(n)
Strength
Weakness
Opportunity
Threat
Elements in the environment, not under your control, that could cause trouble for the business are
Threats
Weaknesses
Opportunities
Threats
SWOT stands for?
Strengths, Wellbeing, Opportunities, Threat
Sudden Weaknesses, Outstanding Threats
Strengths, Weaknesses, Opportunities, Threats
Social Ways of Overcoming Threats
A SWOT analysis looks at?
The Internal Factors only
Both internal and external Factors
The external factors only
None of the above
Strengths and Weaknesses look at:
The internal factors affecting a business
The external factors affecting a business
The future of the business
None of the above
Opportunities and Threats look at:
The internal factors affecting a business
The external factors affecting a business
The future of the business
None of the above
Identify a weakness from the following
Overseas demand for a product
Falling number of customers within specific age group
Making a profit
Poor quality goods
Identify an opportunity from the options below:
New market opened up
Minimum wage so higher wages have to be paid
Negative publicity
Good financial situation
Identify a threat from the list below:
New market opened up
Competitor opening a new outlet next to your business
Poor staff training
Expansion overseas
A SWOT analysis examines the internal and external business environment.
True
False
Mr
Jonas a culinary chef has been a chef for 3 years, and he has a dream to open his
own restaurant. He has found the perfect space for his restaurant and has enough
capital to start his business. However, Mr Jonas has no entrepreneurial
skills and doesn’t know the first thing about starting a business even though
he is a cook. Mr Jonas would like to open a steak house restaurant but the location
he chose for his business already has 3 steak house restaurants. Mr Jonas has
passion, he has Capital and he is a hard worker.
Identify
threats that Mr Jonas might face during the process of starting his business? (ANA)
he has no entrepreneurial skills and this may influence his business negatively.
He has to many competitors and it might put a strain on Mr Jonas potential customer base.
He is a hard worker and he has passion this may blur his vision in seeing the potential threats to his dream.
Mr Jonas has sufficient Capital and with money he can make his business appealing to potential customers.
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
Identify 5 steps in how to write up a good swot analysis?(ANA)
Draw conclusions, Determine the objectives, create a grid, label each box, add strengths and weaknesses.
Add strengths and weaknesses, identify opportunities and threats, determine the objectives, sort by importance, draw conclusions.
Determine the objectives, create a grid, label each box, add strengths and weaknesses, draw conclusions.
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
Determine a potential weakness that Mr Jonas has?(APP)
Self-critical/sensitive
Attention to detail
Interpersonal skills
Property losses and liabilities
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 full SWOT analysis is utilized on the market environment. (UND)
true
false
A SWOT analysis examines internal and external environment. (REM)
true
false
What does the P in PESTLE stand for?
(a)
What is a PESTLE analysis?
To check external factors (outside of a business) that can influence your marketing activity
To check internal factors (inside of a business) that can influence your marketing activity
When is PESTLE analysis useful?
When closing a business
When hiring new staff
When starting a new business
What is 'S' in PESTLE Analysis
Strength
Straight
Social
What do we check in 'Political Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Analysing the strength of an economy
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
What do we check in 'Legal Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Analysing the strength of an economy
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
What do we check in 'Environmental Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Evaluating environmental issues that will affect the business
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
Parents cannot afford after school clubs due to cost of living increasing
Political
Economic
Social
Technological
Environmental/Ethics
Child protection legislation
Political
Economic
Social
Legal
Environmental/Ethics
Decrease/Increase in birth rate affecting school admissions
Political
Economic
Social
Technological
Legal
Online security issues of illegal/disturbing images
Political
Economic
Technological
Environment/Ethics
Legal
Political Factors can include:
Government Policy
Government debt
The trade union
Economic Growth
Legal factors can include:
Health clubs
Heath and fitness
Health and safety
Health and cycling
PESTLE is a situational analysis tool which helps a business to analyse the external factors that affect their business.
True
False
The 'P' stands for 'Political' what can the UK government do to affect your business? Click all that you think apply.
Increase taxes
Pay you money
Offer funding grants to help your business grow
Change business policies eg Covid-19 and how your business handles it.
'S' is for social, which of these social factors do you think could affect your business, tick all that apply:
Population growth
Age distribution of the population
Cultural barriers
Trends
Some economic factors that could affect your business are (tick all that apply)
Having enough money to keep all your staff
Being able to afford any interest increases (for the mortgage on a property for example or loans)
Recession
Environmental policies
Technological is the 'T' in PESTLE, updates in technology could affect your business how: tick all that apply
Artificial intelligence
Cyber crime
Consumer views
Robotics
The 'L' stands for Legal, how do you think your business may be affected? Tick all that apply:
Equality Act when recruiting and looking after staff
Disposable income
An increase in the minimum wage
Consumer protection laws
Environmental factors that could affect your business are (tick all that apply).
Regulations for the disposal of hazardous waste
Noise pollution regulations
Policies for reducing climate change
Taxation policies
Environmental Analysis is a special term that refers to the process of looking at the external socioeconomic issues in a business.
TRUE
FALSE
PESTLE is not used in analyzing potential economic problems that may arise in small businesses that are about to established or are already established.
TRUE
FALSE
P for the PESTLE mnemonic stands for
Political
Principal
Phenomenon
None of the above
Political factors are usually bigger picture topics such as tax policy, trade policy, or foreign trade policy, whereas legal factors tend to be more specific and relate to topics such as discrimination laws, antitrust laws, or intellectual property laws
TRUE
FALSE
I am concerned with which where I am to establish my business. What Part of the PESTLE analysis am I to look at?
Political
Environmental
Legal
Technological
The method of manufacturing products are now outdated and takes a lot of time to produce and therefore causing me money. What part of the PESTLE analysis could have helped me with this specific problem?
Political
Enviromental
Technological
Legal
PESTLE analysis does not encourage strategic thinking
TRUE
FALSE
We look at the current trend of the country's economic growth or lack thereof. Which part of the PESTLE analysis concerns with this aspect?
Political
Environmental
Technological
None of the above
Acquiring permits in establishing a business is a concern of what part of the PESTLE analysis?
Legal
Political
Economic
None of the above
With a PESTLE analysis beforehand, you can foresee possible problems that may come your way before they do and come up with contingencies or even avoid it altogether.
TRUE
False
It is ideal to use the PESTLE analysis only during if you have encountered a problem in your own business.
TRUE
FALSE
PESTLE analysis makes you less effective and less profitable,
TRUE
FALSE
When we do not account the countless Tax policies we have to abide in running a business, which PESTLE factor have we not applied?
Political
Economic
Legal
None of the Above
The inclusion of the Inflation Rate as a determinant in running a business is one example of applying of what factors that could be seen in the PESTLE analysis?
Political
Legal
Economic
None of the above
Location of business is not a significant factor in establishing one.
TRUE
FALSE
PESTLE is....
A business meeting
A flight plan
A PESTLE analysis is a framework to analyse the key factors (Political, Economic, Sociological, Technological, Legal and Environmental) influencing an organisation from the outside.
A PESTLE analysis is a framework to analyse the key factors (Political, Economic, Sociological, Technological, Legal and Environmental) influencing an organisation from the inside.
The P in PESTLE stands for...
Political
Party
People
Policy
Co2 emissions are a PESTLE factor of...
POLITICAL
LEGAL
ENVIRONMENTAL
SOCIAL
Brexit would fall under which PESTLE factor?
Social
Legal
Political
Technological
The first E in PESTLE stands for....
Effort
Economical
Excellent
Entry
The S in PESTLE stands for (a)
The T in PESTLE stands for...
Tea
Teaching
Type
Technological
The L in PESTLE stands for (a)
The last E in PESTLE stands for
Everyone
Environment
Empty
Earth
choosing a holiday based on it being Instagram worth is a factor of what?
LEGAL
POLITICAL
SOCIAL
ENVIRONMENTAL
Extra border checks post Brexit are a PESTLE factor of...
POLITICAL
TECHNOLOGICAL
LEGAL
SOCIAL
What is a PESTLE analysis?
To check external factors (outside of a business) that can influence your marketing activity
To check internal factors (inside of a business) that can influence your marketing activity
When is PESTLE analysis useful?
When closing a business
When hiring new staff
When starting a new business
The PESTLE analysis examines __________ factors that can impact the effectiveness of a marketing campaign.
three
four
five
six
What is 'P' in PESTLE Analysis
Political
Powerful
Product
What is 'E' in PESTLE Analysis
External
Economic
Entrepreneur
What is 'S' in PESTLE Analysis
Strength
Straight
Social
What is 'T' in PESTLE Analysis
Training
Techonolgical
Timely
What is 'L' in PESTLE Analysis
Letter
Lord
Legal
Law
What is the last 'E' in PESTLE Analysis
Entrepreneur
Entry level
Environmental
Entity
What do we check in 'Political Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Analysing the strength of an economy
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
What do we check in 'Economic Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Analysing the strength of an economy
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
What do we check in 'Social Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Analysing the strength of an economy
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
What do we check in 'Technological Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Analysing the strength of an economy
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
What do we check in 'Legal Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Analysing the strength of an economy
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
What do we check in 'Environmental Analysis' in PESTLE?
Evaluating trends in society and culture that can affect the business
Checking government. decisions which can effect your business
Evaluating environmental issues that will affect the business
Analysing changes in technology that can impact your business
Examining the law to understand how it can influence the business
