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Commerce SJU Chapter 2 & 4: Values and Business Environment Analysis
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Commerce SJU Chapter 2 & 4: Values and Business Environment Analysis

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Questions and Answers

What does SWOT analysis stand for?

  • Strengths, Weaknesses, Opportunities, Threats (correct)
  • Security, Weaknesses, Opportunities, Techniques
  • Strengths, Workings, Opportunities, Threats
  • Strengths, Weaknesses, Operations, Tactics

    • Which of the following is not one of the components of SWOT analysis?

  • Opportunities
  • Capabilities
  • Weaknesses
  • Trends (correct)

    • What does PESTLE analysis provide a detailed view of?

  • Human resource management
  • External business environment (correct)
  • Financial performance
  • Internal business operations

    • Who ensures the implementation of laws and the judgments of the courts of law?

    <p>Government agencies</p> Signup and view all the answers

    In SWOT analysis, what do 'Weaknesses' refer to?

    <p>Internal disadvantages compared to competitors</p> Signup and view all the answers

    Which is considered an advantage in the context of SWOT analysis?

    <p>Advantages over competition</p> Signup and view all the answers

    What type of trends do 'Opportunities' represent in SWOT analysis?

    <p>Current external waiting to be taken advantage of</p> Signup and view all the answers

    In the context of law administration, who plays an important role?

    <p>Government agencies, lawyers, police, and jail</p> Signup and view all the answers

    Which of these is NOT part of PESTLE analysis?

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

    What type of factors does PESTLE analysis focus on?

    <p>Both internal and external business factors</p> Signup and view all the answers

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