What does SWOT stand for?
Year 10 Business

Quiz
•
Business
•
10th Grade
•
Hard

Sandra Wright
Used 68+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Symantec, Windows, Operating System, Technology
Strengths, Weak Points, Opportunities, Threats
Strengths, Weakness, Opportunities, Threats
Strengths, Weakness, Overviews, Threats
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a Business Plan?
A carefully worded statement of business goals.
A short document or section of a document produced for business purposes.
A study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats.
Assesses major external factors that influence a business' operation in order to become more competitive in the market.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SCAMPER is a business tool used for?
Deciding of the name of a business.
A way to close a business down.
A business tool used to analyse competitors.
Is designed to help you find new ideas from within those products and services that you already offer.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a repositioning strategy for a business?
Rebranding by changing logo/trademarks.
Changing their staff.
Changing their hours of trade.
Increasing staff rates of pay.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Psychological pricing is when
Where the price of a product is initially set low to rapidly reach a wide fraction of the market and initiate word of mouth.
Prices of psychology services.
Refers to selling products at a price just below a whole number, e.g, $7.99 instead of $8.00.
Is a pricing strategy in which the selling price is determined by adding a specific dollar amount markup to a product's unit cost.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The stages in the business life cycle are:
Seed, growth, maturity
Start-up, growth, maturity, post-maturity
Seed, growth, post-maturity
Seed, start-up, growth, maturity, decline/post-maturity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Typical section of a business plan are:
Executive summary, operations plan, marketing plan, financial plan, human resources plan
Executive summary, operations plan, staff roster, marketing plan, financial plan
Executive summary, staffing plan, marketing plan, financial plan
operations, plan, marketing plan, financial plan, human resources plan
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