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 (C)</p> Signup and view all the answers

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

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

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

<p>Advantages over competition (B)</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 (D)</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 (B)</p> Signup and view all the answers

Which of these is NOT part of PESTLE analysis?

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

What type of factors does PESTLE analysis focus on?

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

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