Self Assessment Questions

SAQ 1

a. 

SWOT stands for Securities, Weaknesses, Opportunities, Threats.


b. 

A SWOT analysis is a good tool for taking a snapshot of a situation in order to inform a decision-making process.


c. 

A SWOT analysis should include as much information as you can find about all elements of your business.


d. 

Although often used for business decisions, a SWOT analysis can also be used for personal-development planning.


e. 

SWOT is always best when completed by just one individual.


The correct answers are b and d.

SAQ 2

Drag and drop the words below into the missing gaps in the sentences.

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SAQ 3

In the feedback to Activity 4, it was suggested that Syed could do another SWOT analysis to consider the idea of a partnership with Muhammad. Below is an example of what points this SWOT analysis might raise. For each of the points below, indicate whether they are a strength, weakness, opportunity or threat.

a. 

Strength


b. 

Weakness


c. 

Opportunity


d. 

Threat


The correct answer is b.

a. 

Strength


b. 

Weakness


c. 

Opportunity


d. 

Threat


The correct answer is c.

a. 

Strength


b. 

Weakness


c. 

Opportunity


d. 

Threat


The correct answer is a.

a. 

Strength


b. 

Weakness


c. 

Opportunity


d. 

Threat


The correct answer is d.

a. 

Strength


b. 

Weakness


c. 

Opportunity


d. 

Threat


The correct answer is c.

a. 

Strength


b. 

Weakness


c. 

Opportunity


d. 

Threat


The correct answer is b.

a. 

Strength


b. 

Weakness


c. 

Opportunity


d. 

Threat


The correct answer is a.