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