Mastering Strategic Management (2020), Chapter 5, Section 5

Mastering Strategic Management (2020), Chapter 5, Section 5.2 SWOT

QUESTION 1

1. "When evaluating your organization using a SWOT analysis, you identify growing demand in international markets. This is an example of _____________."

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QUESTION 2

1. "University dining services is performing a SWOT analysis. They identify no shortage of workers, but because few people work there for more than a few months, many employees are new to the job and don t fully understand the operations quite yet. What kind of weakness does this represent for University dining services?"

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QUESTION 3

1. "Southern Goods has been producing their most popular brands of chips and cookies for years now with excellent growth and customer satisfaction. Southern Goods usually outsells most brands because of its great flavor and relatively cheap price. This year, one of their competitors signed an exclusive deal with a supplier, forcing Southern Goods to find a new supplier and raise prices. Which SWOT factor is impacting Southern Goods?"

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QUESTION 4

1. "Which of the following is a potential threat to Subway s markets worldwide, in addition to the economic slowdown as a result of the pandemic?"

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QUESTION 5

1. "Subway has healthy menu options, economical pricing, and a simple business format. Which specific element of the SWOT analysis do these characteristics of Subway describe?"

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QUESTION 6

1. Which of the following is not true of a SWOT analysis?

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QUESTION 7

1. What two assessment tools could be used to determine internal strengths and weaknesses?

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QUESTION 8

1. "Using the SWOT analysis, Company X determines there is a movement to more healthy eating. Which of the following is true?"

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QUESTION 9

1. Which of the following is a tool used to complete an internal analysis in a SWOT analysis?

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QUESTION 10

1. "When conducting a SWOT analysis for your company, one factor you identify is the recent public relations scandal with a company executive. Which part of the SWOT analysis would this fall under?"

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QUESTION 11

1. "Sydney Steakhouse is a well known restaurant and has 1,000 stores in North America and Australia. Sydney Steakhouse offers signature dishes such as the Cowboy Steak and the Australian Onion. Which of the following would be considered an opportunity for Sydney Steakhouse?"

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QUESTION 12

1. "You are the CEO of a major tech corporation and are evaluating the company s internal and external environment to set the strategy for next quarter. You have evaluated the internal strengths and weaknesses, as well as the organization s external threats. What is most likely the outcome?"

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QUESTION 13

1. "Porter s Pineapple Company (PPC) is in competition with Sid s Strawberry Incorporated (SSI) in the smoothie business. Both companies provide healthy menu options, economical pricing, and a simple business format. Recently PPC has been looking for ways to outperform SSI. Which of the following is an opportunity that PPC can take advantage of to produce more sales than SSI?"

1 points   

QUESTION 14

1. "The SWOT framework is developed by conducting external, competitive, and internal assessments and is helpful in determining the strategic issue facing the organization; however, it can still have its drawbacks. Which of the following is NOT one of the cautions that executives should keep in mind while conducting a SWOT analysis?"

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QUESTION 15

1. What would be an example of an opportunity for an organization?

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QUESTION 16

1. VRIO and Value Chain Analysis are an example of__________ tools.

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QUESTION 17

1. Which of the SWOT Framework points would be an example of Concerns about worldwide pollution are an issue to petroleum-based products ?

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QUESTION 18

1. Which of the following would NOT describe the threats for Subway entering the global market?

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QUESTION 19

1. What is an example of a threat for Subway restaurants?

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QUESTION 20

1. "InkTech is a new company in the printer ink industry. They entered the industry because of a unique ink they created. The ink is not copyrighted, but no one has figured out how to make the same type of ink. According to SWOT Analysis, what factor is relevant and accurate to this situation?"