Practice Questions
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In a SWOT analysis, which of the following is an example of a threat that a company may face in its external environment?
Competition from other companies can take customers away and push prices down. Other options are incorrect because Strong brand reputation is usually ...
In a SWOT analysis, which of the following scenarios best illustrates leveraging strengths to seize new opportunities in a technology company?
The company uses its strong research and development ability to team up with a new startup. Other options are incorrect because Cutting staff to save ...
In a SWOT analysis, which of the following threats can significantly impact a company's resource allocation decisions?
When the market has many competitors, a firm must use more money on marketing, product upgrades, or new staff to stay ahead. Other options are incorre...
In conducting a SWOT analysis for a company, how can identifying weaknesses during an external analysis impact the business strategy?
Weaknesses show where a company is vulnerable. Other options are incorrect because The idea that weaknesses let you ignore problems is wrong; Weakness...
In conducting a SWOT analysis, which of the following best describes how a company's strengths can be leveraged in its action plan when considering external factors?
A good plan matches what the company can do well with chances outside. Other options are incorrect because Ignoring outside threats means the firm mig...
What is the primary reason a business would conduct a SWOT analysis before launching a new product?
A SWOT analysis looks at the company’s strengths and weaknesses inside the firm and at opportunities and threats outside the firm. Other options are i...
Which of the following statements accurately describe the components of a SWOT analysis? Select all that apply.
Strengths are internal capabilities that help a company reach its goals. Other options are incorrect because Weaknesses are not fixed forever; many ca...
In a SWOT analysis, the factors that are favorable for achieving organizational success are categorized as __________.
Strengths are the internal abilities that help a company win. Other options are incorrect because Weaknesses are limits that stop a firm from doing we...
Strengths : Weaknesses :: Opportunities : ?
Threats are the external counterpart to opportunities. Other options are incorrect because Option B refers to challenges, which are obstacles that can...
Arrange the steps of conducting a SWOT analysis in the correct order.
The correct order starts with Strengths, showing what the organization does well. Other options are incorrect because It assumes you should look for O...
In a SWOT analysis, how should a company prioritize its strategies based on identified strengths and weaknesses?
A balanced plan uses strong points to grow and fixes weak spots, so the company stays strong on all sides. Other options are incorrect because This id...
A tech startup is assessing its market position. Which of the following factors should be classified as a 'Threat' in a SWOT analysis?
A strong competitor launching a similar product can take away customers and lower sales. Other options are incorrect because Having a unique technolog...
A small café is struggling to attract new customers in a competitive market. The owner decides to conduct a SWOT analysis to identify areas for improvement. Which of the following scenarios exemplifies the most effective use of the SWOT analysis in this context?
The owner looks at what the café does well, what it lacks, what outside chances exist, and what outside dangers loom. Other options are incorrect beca...
In a SWOT analysis, which of the following best describes the role of identifying 'Threats'?
Threats are external problems that may harm the business. Other options are incorrect because Option A talks about advantages over rivals, which is a ...
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