WorksheetsBUSINESS MANAGEMENT & BMC
Total questions: 20
Worksheet time: 11mins
What is the purpose of performing a SWOT Analysis?
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 does the acronym SWOT stands for?
Strengths, Weaknesses, Obligations, Threats
Strengths, Weaknesses, Opportunities, Threats
Strengths, Weak points, Opportunities, Threats
Strengths, Weaknesses, Opportunities, Time
A SWOT analysis examines internal and external environment.
true
false
Resource limitations is known as
Strength
Weakness
Opportunity
Threat
Negative press/media coverage is known as
Strength
Weakness
Opportunity
Threat
The information in the SWOT must be?
Honest and Real
Theoretical
Unrealistic
Based on future events
Which elements are INTERNAL (inside the business)?
opportunities and threats
strengths and weaknesses
strengths and opportunities
weaknesses and threats
Which elements are EXTEARNAL (outside of the business)?
weaknesses and strengths
opportunities and strengths
opportunities and threats
strengths and weaknesses
Your staff is very well trained. This known as
strengths
weakness
opportunities
threats
Your staff had bad relations with the manager. This known as
strengths
weaknesses
opportunities
threats
SWOT stands for strength, weakness, opportunities and threats.
True
False
External environment are controllable elements inside a firm that influence how well the firm operates.
True
False
Business Model Canvas includes customer segments, customer relationship, value propositions, key activities, key resources, key partners, cost structure and revenue stream.
True
False
An example of revenue stream are asset sale and subscription fees.
True
False
Below are examples of psychographic segmentation EXCEPT
personal values.
hobby.
personality.
income.
For Les Copaque (the creator of Upin & Ipin), __________ is(are) the company’s most important key resource.
intellectual property
office building
company vehicles
tables and chairs
What does BMC do?
BMC is a tool for beginners
BMC is used to build a business map
BMC helps us to build a strategic management and lean startup template for developing new or documenting existing business models
BMC is needed before start a business
What is the meaning of VALUE PROPOSITION in BMC?
value that meet the customer satisfaction
servis after sales
the way we interact with the customer
generate revenue from each customer
Customer segments refer to the target people and/or organizations you are offering value proposition
true
false
Facebook marketplace is one of the example of chanelling a product online. Effective channels will distribute a company’s value proposition in ways that are fast, efficient and cost-effective. TRUE or FALSE
true
false
