Quiz 2 Business Class

What is mind mapping?

• A visual technique to organize information
• A cooking technique to prepare meals
• A form of physical exercise
• A type of computer programming language

What is brain storming?

• Brainstorming is a group creativity technique.
• Brainstorming is a popular dance move.
• Brainstorming is a type of pasta dish.
• Brainstorming is a weather phenomenon involving lightning and thunder.

What is the different between mind mapping and brain storming?

• The main difference is that mind mapping is a visual representation of ideas and concepts, while brainstorming is a group technique for generating creative ideas.
• Mind mapping is a group technique for generating creative ideas, while brainstorming is a visual representation of ideas and concepts.
• Mind mapping is an individual technique for generating creative ideas, while brainstorming is a group technique for generating creative ideas.
• Mind mapping is a verbal technique for generating creative ideas, while brainstorming is a visual representation of ideas and concepts.

Brain storming always start with what?

• Working individually
• Following a strict agenda
• Starting with a conclusion
• Generating ideas

What is SWOT analysis ?

• SWOT analysis is a strategic planning technique used to identify Strengths, Weaknesses, Opportunities, and Threats.

• SWOT analysis is a type of financial accounting method
• SWOT analysis is a type of weather forecasting technique
• SWOT analysis is a type of cooking recipe

Why SWOT analysis is very important for individual and businesses?

• SWOT analysis is not important for individuals and businesses as it does not provide any valuable insights.
• SWOT analysis is important for individuals and businesses because it helps identify only external opportunities.
• SWOT analysis is important for individuals and businesses because it focuses only on weaknesses and threats.
• SWOT analysis is important for individuals and businesses because it helps identify internal strengths and weaknesses, as well as external opportunities and threats.

________: Characteristics of a business which give advantages over it competitors.

_______: Elements in a company's external environment that allow it to formulate and implement strategies to increase profitability.

How does SWOT analysis benefit a new business venture?

• SWOT analysis primarily provides financial insights for new businesses.

• SWOT analysis helps new businesses understand market trends only.

• SWOT analysis assists new businesses in identifying their strengths, weaknesses, opportunities, and threats.

• SWOT analysis is only used for assessing the technology of new businesses.

What is the primary purpose of brainstorming in a team setting?

• To assign tasks to team members

• To generate a wide range of ideas from team members

• To evaluate the performance of team members

• To provide a break from regular work