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Entrepreneurship - B101 Lesson 02 Flashcards | StudBud
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Entrepreneurship - B101 Lesson 02
Entrepreneurship - B101 Lesson 02
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1
PEST analysis is a useful tool for understanding the ________-environment in which an organisation operates.
Micro
Macro
Velcro
Eco
2
The Old Chang Kee Group (OCK) operates a total of
83 outlets
in Singapore. This is considered as a ___________ for OCK.
Opportunity
Strength
Threat
Weakness
3
The 'Opportunities and Threats' in the SWOT Analysis are considered as '______________' factors to the company.
Internal
External
4
SOM (serviceable and obtainable market)
takes into account the company's ability (such as manpower and resources).
True
False
5
High inflation rates impact the 'Political' component of the PEST analysis?
False
True
