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Questions and Answers
What does the SWOT analysis model focus on?
What does the SWOT analysis model focus on?
- Financial performance and profitability of a business
- Sales and marketing strategies of a business
- Customer service and satisfaction of a business
- Strengths, weaknesses, opportunities, and threats of a business (correct)
Which of the following is part of the macro environment affecting businesses?
Which of the following is part of the macro environment affecting businesses?
- Team motivation strategies
- Technological advancements (correct)
- Employee productivity
- Quality control measures
What does ETOP stand for in the context of business environment?
What does ETOP stand for in the context of business environment?
- Environmental Threats and Opportunities Profile (correct)
- Economic Trends and Outlook Parameters
- Enterprise Training and Orientation Program
- Employee Time Off Policy
Which of the following is considered a factor in the micro environment affecting businesses?
Which of the following is considered a factor in the micro environment affecting businesses?
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What does the SWOT analysis model assess?
What does the SWOT analysis model assess?
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What type of factors does the micro environment primarily consist of?
What type of factors does the micro environment primarily consist of?
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Which model is used to analyze the competitive forces in the business environment?
Which model is used to analyze the competitive forces in the business environment?
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What is the significance of environment scanning techniques for businesses?
What is the significance of environment scanning techniques for businesses?
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What is the significance of environment scanning techniques for businesses?
What is the significance of environment scanning techniques for businesses?
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