comm 101 module 2

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Questions and Answers

A SWOT analysis is used to evaluate which four elements of an organization?

  • internal: Strengths, Weaknesses, external: Opportunities, Threats (correct)
  • Strengths, Weaknesses, Objectives, Targets
  • Sales, Workforce, Opportunities, Targets
  • Strengths, Weaknesses, Outputs, Timelines

PESTEL analysis is a tool used for which of the following purposes?

  • Analyzing internal financial performance
  • to analyze the external environmental factors that can impact an organization (correct)
  • Conducting employee performance reviews
  • Developing marketing strategies

competitive advantage in business is

  • a set of unique features of a company and its products that are perceived as significant and superior to those of the competition (correct)
  • A strategy used to increase company profits
  • The ability to offer lower prices than all competitors
  • A guarantee of success in the market

An example of competitive advantage in business is:

<p>Lower production costs than competitors (A)</p> Signup and view all the answers

Flashcards

Capital of France (example flashcard)

Paris

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