Front

The Center is located within a two-minute walk of the main bus station, and is a fifteen-minute ride away from the local railway station. What is this an example of?

Back

Strength

Front

Due to an increase in disposable income (purchasing power) over the last six years, local residents have more money to spend on leisure activities. What does this represent?

Back

Opportunity

Front

What does PEST stand for in PEST Analysis?

Back

Political, Economic, Social, and Technological.

Front

What is the purpose of PEST Analysis?

Back

To assess external factors that can impact an organization's performance and decision-making.

Front

What is the purpose of SWOT Analysis?

Back

To assess strengths, weaknesses, opportunities, and threats

Front

Things within a business that managers can influence and control (as it relates to SWOT)

Back

Internal Factors

Front

Things outside a business that managers cannot control (as it relates to SWOT)

Back

External Factors

Front

Global expansion in a company is an example of a(n)

Back

Opportunity

Front

A business has a poor reputation among customers, this would be considered to be a(n)

Back

Weakness

Front

A _____ is a particular group of consumers at which a product or service is aimed.

Back

target market