Topic 3

Question 1

What does SWOT stand for?

Answer 1

Strengths, Weaknesses, Opportunities, Threats

Question 2

What is the purpose of a SWOT analysis?

Answer 2

To find the best match between environmental trends and internal capabilities

Question 3

Define a strength in the context of SWOT analysis.

Answer 3

A resource or capacity the organization can use effectively to achieve its objectives

Question 4

Define a weakness in the context of SWOT analysis.

Answer 4

A limitation, fault, or defect in the organization that will keep it from achieving its objectives

Question 5

What type of environment does a weakness relate to in SWOT analysis?

Answer 5

Internal Environment

Question 6

What type of environment do opportunities and threats relate to in SWOT analysis?

Answer 6

External Environment

Question 7

Fill in the blank: A _______ is a limitation, fault, or defect in the organization.

Answer 7

weakness

Question 8

Fill in the blank: A _______ is a resource or capacity the organization can use effectively.

Answer 8

strength

Question 9

True or False: Opportunities are part of the internal environment in SWOT analysis.

Answer 9

False

Question 10

True or False: Threats are external factors that can impact an organization.

Answer 10

True