STR 581 Week 3 Quiz
1. Simon Ize is the owner of a company
(2-Shine Simon Ize-It) that specializes in a variety of floor waxing and
polishing products. His company managers are in the process of finding answers
to such questions as: How well is our current strategy working? and What is our
current situation? In order to obtain the answers to these types of questions
Simon’s company is most likely to conduct which one of the following?
2. The 2-Shine Simon Ize-It Company wants to
know the major favorable situations that exist in its environment. Essentially,
the company wants to gain understanding of its _________.
3.
All of the following would represent possible threats to the 2-Shine Simon
Ize-It Company except which one of the following?
4. All of the following except which one would
be considered a weakness to a business such as the one owned by Simon Ize?
5. Utilizing a SWOT analysis diagram, one
would expect to find which piece of information about the company in question
in Cell 2?
6.
All but which one of the following
would be considered a limiting factor or influence to a SWOT analysis?
7. ________ attempts to understand how a
business creates customer value by examining the contributions of different
activities within a business to that value.
8. Primary activities conducted by a firm
are those that are involved in the creation, marketing, and transfer of the
product to the buyer. Which one of the following would not be considered a
primary activity?
9. The _______ is a method of analyzing and
identifying a firm’s strategic advantages based on examining its distinct
combination of assets, skills, capabilities, and intangibles as an
organization.
10. The tangible assets of a firm such as
Gary’s Two-Can Tan Company would include all but which one of the following?
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