Toreno, James Sedon, Xenia Therese Quimada, Jezavel Ababon, Rosemae Franza, Rose Marie Hinacay, John Henry Ibanez, Michael Sismar, Mary Jane Traya, Honey Multiple Choice type of test Direction : Encircle the letter of the correct answer.
1. It is the process of analyzing the external environment of an organization to
identify opportunity and threats that may affect its performance. A. Internal Analysis B. External Analysis C. Strategic Planning D. Decision Making 2. To watch for potential changes in economic trends such as interest rates, inflation, trading laws and recession levels helps business adapt. A. Economic Trends B. Industry C. Market Demographics D. Competitors 3. It is also know as the MARKET A. Economic Trends B. Market Demographics C. Industry D. Competitors 4. It is an effective tool for business and organizations to evaluate their current situation. A. SWOT Analysis B. SMART C. External Analysis D. Internal Analysis 5. It is a crucial tool for any business to define its goal, objectives, and tactics to achieve success in the long run. A. Business Plan B. Intervention Plan C. Strategic Plan D. SMART 6. These are well-crafted statements that can help a company stay focused on its cure purpose and values. A. Mission and Goals B. Vision and Objectives C. Vision and Goals D. Mission and Vision 7. It is a process where all the components that interact within an organization are evaluated in order to identify failures and opportunity. A. Internal Analysis B. External Analysis C. Strategic Planning D. Decision Making 8. It is a marketing process that provides statistics about the market potential of your business products and services. A. Industry Analysis B. External Analysis C. PEST Analysis D. Macroeconomic Analysis 9. It focuses on the performance of economies – changes in economic output, inflation, interest, and foreign exchange rates, and the balance of payments. A. Industry Analysis B. External Analysis C. PEST Analysis D. Macroeconomic Analysis 10. It is a measurement tool which is used to assess markets for a particular product or a business at a given time frame. A. Macroeconomic Analysis B. Internal Analysis C. External Analysis D. PEST Analysis
Identification type of test
Direction: Identity what is being asked in the questions. 1) This serve as solution when the primary source has to depend on the secondary source when it has shortage. Supplying alternatives 2) Does supplying alternatives beneficial to the products? Yes, for it allows the constant flow of goods to market. 3) What is the main objective of the alternatives? Serves as an option to cover up the shortage in supplies. 4) It is a desired result that a person plans and commit to achieve. Goal 5) It involves the development of an action plan designed to motivate and guide a person or group toward a goal. Goal Setting 6) It is a type of goal which takes a long time to achieve. Long term goal 7) It is a process of identifying and evaluating choices. Decision Making 8) In this step, you realize that you need to make a decision. Try to clearly define the nature of the decision. Identify the decision 9) An effective tool for business and organizations to evaluate their current situation. SWOT analysis 10) A process in which an organization leaders define their own vison for the future and identify their organizations goals and objectives. Strategic Planning
Enumeration type of test
Enumerate the 5-step problem solving strategy 1. Specify the problem 2. Analyze the problem 3. Formulate possible solutions 4. Evaluate possible solutions 5. Choose a solution 1. Write at least five types of internal analysis Gap Analysis Strategy Evaluation SWOT Analysis VRIO Analysis OCAT McKinsey 7S Framework Core Competencies Internal Analysis 2. 3. 2