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19 questions
A change in customers' likes and interests may be seen as an
Opportunity
Strength
Weakness
Threat
Internal factors that may limit a company's ability to achieve its goals would be known as an
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 __________.
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
Strengths
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
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