SWOT Analysis Quiz

What does SWOT stand for?

• Strengths, Weaknesses, Opportunities, Tactics

• Success, Wealth, Opportunities, Tactics

• Strengths, Wealth, Opportunities, Threats

• Strengths, Weaknesses, Opportunities, Threats

What is the purpose of a SWOT analysis?

• To assess the internal and external factors of a business

• To calculate financial projections

• To create marketing campaigns

• To analyze customer feedback

What is the importance of SWOT analysis?

• To increase employee salaries

• To reduce operational costs

• To improve customer service

• To challenge risky assumptions and uncover dangerous blindspots

What are the four aspects of SWOT analysis?

• Strengths, Wealth, Opportunities, Threats

• Strengths, Weaknesses, Opportunities, Tactics

• Success, Wealth, Opportunities, Tactics

• Strengths, Weaknesses, Opportunities, Threats

What is the purpose of a SWOT matrix?

• To arrange the four lists together in one view

• To calculate financial projections

• To create marketing campaigns

• To analyze customer feedback

What are considered as strengths in a SWOT analysis?

• Things that the organization does particularly well

• Things that are irrelevant to the organization

• Things that the competitors do well

• Things that the organization lacks

What are considered as weaknesses in a SWOT analysis?

• Inherent features of the organization that need improvement

• Inherent features of the competitors

• Inherent features of the organization that are already perfect

• Inherent features of the organization that are irrelevant

What are considered as opportunities in a SWOT analysis?

• Openings or chances for something positive to happen

• Openings or chances for something negative to happen

• Openings or chances for something irrelevant to happen

• Openings or chances for something neutral to happen

What are considered as threats in a SWOT analysis?

• Anything that can negatively affect the business from the outside

• Anything that can affect the business from the inside

• Anything that can positively affect the business from the outside

• Anything that is irrelevant to the business

What are some common SWOT analysis mistakes to avoid?

• Making your lists too long, being vague, seeing weaknesses, being unrealistic

• Making your lists too short, being specific, not seeing weaknesses, being realistic

• Making your lists too short, being specific, seeing weaknesses, being realistic

• Making your lists too long, being vague, not seeing weaknesses, being unrealistic