Semi-Finals Tr Flashcards

1
Q

Origination SWOT

A

Albert S Humphrey in the 1960s

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2
Q

Functions of SWOT

A
Strategy tool/formulation
Organization method
Provide directions for next stages
Decision making
Pre-Crisis planning
Recommendation in study
Achieve objectives
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3
Q

Internal Factors

A

Strengths

Weaknesses

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4
Q

External Factors

A

Opportunities and Threats

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5
Q

PEST analysis

A

Political, Economic, Social and Technological analysis

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6
Q

SWOT

A

Focus on your strengths
Shore up your weaknesses
Capitalize on your opportunities
Recognize your threats.

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7
Q

How many quarters in a year

A

4

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8
Q

External

A

Competitors, Environment

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9
Q

SW

A

Human Resources
Financial Resources
Access the Natural Resources
Physical Resources

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10
Q

Political support

A

S

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11
Q

Funding available

A

S

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12
Q

Market experience

A

S

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13
Q

Strong leadership-Management

A

S

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14
Q

Good employees

A

S

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15
Q

Costly

A

W

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16
Q

Environmental impact to the company

A

W

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17
Q

Stuff resources: incapable insufficient

A

W

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18
Q

Market trends- new products, shifts in audience needs

A

OT

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19
Q

Economic trends- local, national, international, financial trends

A

OT

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20
Q

Funding-donation, legislativeq

A

OT

21
Q

Demographics- target audiences, age, race, gender, culture

A

OT

22
Q

Relationships- suppliers and partners

A

OT

23
Q

May improve local economy

A

O

24
Q

Improve safety

A

O

25
Q

Boost public image

A

O

26
Q

Planning ched

A

O

27
Q

Creating additional concept

A

O

28
Q

Task/plan not completed by endline

A

T

29
Q

Environmental constraints

A

T

30
Q

Time delay

A

T

31
Q

Opposition to charge- being pessimist/ negative about change

A

T

32
Q

Characteristic of the business that give it an advantages over other companies

A

S

33
Q

Personnel, Finances, Manufacturing, Capabilities

A

S

34
Q

Distraction, competition, shortage, lack of abilityq

A

W

35
Q

Characteristic places the business at disadvantage relative to other companies

A

W

36
Q

Elements that the place could exploit to its advantage

A

O

37
Q

Well-established; defined market niche

A

O

38
Q

Identified marketq

A

O

39
Q

Elements in an environment that could cause trouble for the business

A

T

40
Q

Others to invade large companies operating at a minor level

A

T

41
Q

Technological changes, legislation; socio-cultural factors

A

T

42
Q

Helpful in achieving objectives

A

Strengths and Opportunities

42
Q

Harmful to achieving objectives

A

Weaknesses and Threats

42
Q

Strengths

A

Benefits
Employees
Managers (Experience and Contribution)
Travel

42
Q

CHANGES ARE

A

Dynamic

42
Q

Sick Leave or Vacation Leave

A

Tenured/Permanent Employee

42
Q

Internal

A

Company

42
Q

Complex Management

A

W