APPLIED ECONOMICS
  • 1. It aims to minimize both weaknesses and threats.
A) maxi-mini
B) maxi-maxi
C) mini-maxi
D) mini-mini
  • 2. Which of the following are the internal factors of SWOT Analysis?
A) Strengths and Threats
B) Strengths and Weaknesses
C) Opportunities and Threats
D) Weaknesses and Opportunities
  • 3. This strategy aims to maximize the strengths of a company while minimizing the threats througth strengths.
A) mini-maxi
B) Maxi-maxi
C) Mini-mini
D) Maxi-mini
  • 4. Which external factors that could cause trouble for the company in the future?
A) Threats
B) Weaknesses
C) Opportunities
D) Strengths
  • 5. Which of the following are the external factors of SWOT Analysis?
A) Strengths and Threats
B) Opportunities and Threats
C) Weaknesses and Opportunities
D) Strengths and Weaknesses
  • 6. TOWS Analysis is derived from model that identifies the company’s Strengths, Weaknesses, Opportunities and Threats.
A) Porter’s Five Forces
B) SWOT Analysis
C) TOWS Analysis
D) None of the above
  • 7. Which tool is used to analyze the five competitive forces of an industry that helps determine an industry's weaknesses and strengths?
A) Porter’s Five Forces
B) None of the above
C) TOWS Analysis
D) SWOT Analysis
  • 8. Which force in Porter’s five forces examines how intense the current competition is in the marketplace?
A) Existing industry rivalry
B) Power of buyers
C) Threats of new entrants
D) Power of suppliers
  • 9. This force determined by how easy it is for your suppliers to increase their prices.
A) Existing industry rivalry
B) Threats of new entrants
C) Power of buyers
D) Power of suppliers
  • 10. This is the strength of the customers to drive down the prices.
A) Threats of new entrants
B) Existing industry rivalry
C) Power of buyers
D) Power of suppliers
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