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Action Plan and CAME Matrix Quiz
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Action Plan and CAME Matrix Quiz

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Questions and Answers

What is the main purpose of a SWOT matrix?

  • To assess the political, economic, social, and technological factors influencing a company
  • To analyze external factors affecting a company's performance
  • To analyze internal factors affecting a company's performance (correct)
  • To evaluate the competitive forces in an industry

    • Which matrix is specifically designed to evaluate the competitive forces within an industry?

  • PORTER's five forces template (correct)
  • CAME matrix
  • SWOT matrix
  • PESTEL analysis

    • In the context of company analysis, what does the CAME matrix primarily focus on?

  • Economic factors
  • Technological advancements
  • Legal and regulatory environment
  • Company's internal capabilities (correct)

    • How does the ERAC matrix differ from a SWOT matrix?

    <p>ERAC matrix analyzes external factors only, while SWOT matrix considers both internal and external factors.</p> Signup and view all the answers

    Which of the following is NOT a component of the SWOT matrix?

    <p>Technological factors</p> Signup and view all the answers

    What aspect of a company is typically evaluated in a PESTEL analysis?

    <p>Macro-environmental factors</p> Signup and view all the answers

    Which external factor influences a company's actions with no possibility for direct influence back?

    <p>Political decisions</p> Signup and view all the answers

    How does the micro-environment of a company differ from its macro-environment?

    <p>Micro-environment involves internal factors while macro-environment involves external factors.</p> Signup and view all the answers

    How can a new player in the cell phone market be influenced by the micro-environment?

    <p>Through close interaction with customers and understanding their needs and preferences.</p> Signup and view all the answers

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