SWOT Flashcard

Flashcard
•
Business
•
11th Grade
•
Easy
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10 questions
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1.
FLASHCARD QUESTION
Front
What does the "S" in SWOT Analysis stand for?
Back
Strengths
2.
FLASHCARD QUESTION
Front
Which of the following best describes the purpose of identifying strengths in a SWOT Analysis? Options: To understand what the organization lacks, To leverage what the organization does well, To identify external factors affecting the organization, To find out what competitors are doing
Back
To leverage what the organization does well
3.
FLASHCARD QUESTION
Front
In SWOT Analysis, weaknesses are:
Back
Internal factors that the business needs to improve.
4.
FLASHCARD QUESTION
Front
Which of the following is NOT a typical example of an opportunity in SWOT Analysis? A new international market opening up, A competitor going out of business, High employee turnover, Emerging technologies
Back
High employee turnover
5.
FLASHCARD QUESTION
Front
Threats in a SWOT Analysis refer to:
Back
External challenges that could cause problems
6.
FLASHCARD QUESTION
Front
How can a SWOT Matrix be applied in strategic planning?
Back
By matching strengths to opportunities and converting weaknesses and threats
7.
FLASHCARD QUESTION
Front
Identifying strengths in a SWOT Analysis helps an organization to:
Back
Understand its competitive advantage
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