Classroom Behavior Quiz

What is essential for a sustainable competitive advantage?

• Static thinking

• Continuous innovation

• Complacency

• Stagnation

What is a key component of a UVP?

• High prices

• Unique benefits

• Large staff

• Many locations

What should organizations do differently from competitors?

• Deliver benefits

• Copy strategies

• Ignore customers

• Increase prices

What is the goal of a UVP in the market?

• To blend in with competitors

• To stand out from competitors

• To reduce market share

• To increase product variety

Why do organizations analyze strengths and weaknesses?

• To develop a unique value proposition

• To make a cake

• To build a house

• To draw a picture

What do organizations need to understand to develop a unique value proposition?

• Strengths and weaknesses

• Colors and shapes

• Animals and plants

• Numbers and letters

What are strengths and weaknesses considered in a SWOT analysis?

• Internal factors

• External factors

• Unimportant factors

• Random factors

Why do organizations conduct a SWOT analysis?

• To identify areas where they excel and need to improve

• To make more money

• To hire more people

• To change their name

What does the 'S' in SWOT stand for?

• Strengths

• Success

• Strategy

• Skills

What does the 'T' in SWOT stand for?

• Threats

• Tasks

• Targets

• Tools