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SWOT Analysis
SWOT Analysis
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StudBud Administration
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In this Quiz you will test your knowledge on the SWOT Analysis unit.
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Strengths and weaknesses are external factors
True
False
2
An example of a weakness is
Committed employees
Well-known brand name
Limited financial resources
Surplus of natural resources
3
A SWOT analysis lacks detailed structure, so key elements may get missed
True
False
4
Which of the following is an example of a threat?
Entry of foreign competitors
Changing customer needs/taste
Economic boom
Rapid market growth
5
An example of an advantage is
Good distribution skills
Superior management talent
Good marketing skills
Abundant of financial resources
6
Threats are internal factors
True
False
7
Which of the following is NOT a benefit of a SWOT analysis?
Helps in setting of objectives for strategic planning
Basis for assessing core capabilities and competencies
Evidence for, and cultural key to, change
Provides a stimulus to not participate in group experiences
8
What is the aim of a SWOT analysis?
To help decision makers share and compare ideas
To analyze issues that have led to failure in the past
bring a clearer purpose/understanding of factors for success
organize the important factors linked to success and failure
9
To be effective, SWOT needs to be conducted regularly.
False
True
10
Chances to make greater profits in the environment fall under which category?
Strengths
Threats
Weaknesses
Opportunities
