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What does the S in SWOT stand for?
Strengths
Which of these is a Strength for Apple?
Strong brand
High competition
Changing customer preferences
New EU regulation
True or False: Weaknesses in SWOT analysis are always external.
False
Give one example of an Opportunity for Tesla.
Any correct
Which SWOT factor would high employee turnover fall under?
Weakness
Which of these is a Threat to McDonald's?
A loyal customer base
High employee turnover
Higher income levels
New competitors entering the market
Fill in the blank: SWOT helps businesses in _______.
Selling products
Manufacturing
Hiring
Decision-making
If a business has strong customer loyalty is this a Strength Weakness Opportunity or Threat?
Strength
True or False: A business can turn a Weakness into a Strength.
True
Why is SWOT analysis useful for decision-making?
Helps identify risks and opportunities
Which PESTLE factor includes laws about employment and workers' rights?
Political
Legal
Social
Economic
If inflation rises which PESTLE factor does this relate to?
Economic
True or False: Social factors in PESTLE include new technology.
False
Which of these is an Environmental factor in PESTLE?
Climate change
Changes in interest rates
New tax laws
Minimum wage increase
A government increases corporate tax. Which PESTLE factor is this?
Political
Which PESTLE factor affects how businesses advertise and market their products based on trends?
Social
