Management Principles and SWOT Analysis Quiz

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5 Questions

What are the four key aspects of a business in SWOT analysis?

Strength, Weakness, Opportunity, Threat

What is the process of decision making in management?

Identifying the problem, Listing alternative solutions, Evaluating each alternative, Selecting the best alternative, Implementing the decision, Monitoring and adjusting the decision as needed

What is the second function of management that follows planning?

Organizing

What is the definition of 'Weakness' in SWOT analysis?

Factors that are against an organization, causing it to fall down

What do strength and weakness represent in SWOT analysis?

Internal factors

Test your knowledge of management principles and their application in this one-shot revision quiz covering Unit 2, 3, and 4 of the DU Sol Semester 1 exam. Explore the fundamentals of SWOT analysis and its relevance in understanding the environment for success in business.

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