SBAN (STRATEGIC BUSINESS ANALYSIS) 12.

In Porter's Five Forces model, the threat of substitutes is high

REVIEWER FOR PRELIM when:
BY: RONNIE N. AROJADO A. There are few substitutes available
B. Suppliers have many alternative customers
1. What is the primary purpose of conducting a PESTLE analysis C. Switching costs for buyers are high
in strategic business analysis? D. Suppliers have few alternative customers
A. To evaluate internal strengths and weaknesses
B. To assess the competitive forces in the industry 13. A SWOT analysis is used to:
C. To understand the macro-environmental factors A. Evaluate internal and external factors
affecting a business B. Assess industry competition
D. To identify potential areas for cost reduction C. Analyze consumer behavior
D. Understand government policies
2. Which component of PESTLE analysis evaluates government
policies and regulations? 14. In Porter's Five Forces model, the bargaining power of buyers
A. Political is high when:
B. Economic A. There are few substitutes available
C. Social B. Buyers have many alternative suppliers
D. Technological C. Switching costs for buyers are high
D. Buyers have few alternative suppliers
3. What is the primary purpose of a SWOT analysis?
A. To assess internal factors of a business 15. A SWOT analysis is typically used for:
B. To evaluate industry competition A. Strategic planning
C. To identify potential strategic options B. Employee performance evaluation
D. To understand consumer behavior C. Financial forecasting
D. Product development
4. What does Porter's Five Forces model primarily focus on?
A. Internal operational efficiency 16. Which component of the PESTLE analysis assesses the
B. Industry competition and profitability economic conditions, currency stability, and purchasing
C. Macro-environmental factors power of consumers?
D. Consumer behavior A. Political
B. Economic
5. Which of the following is NOT a factor in the PESTLE analysis? C. Social
A. Political D. Technological
B. Economic
C. Competitive 17. In Porter's Five Forces model, competitive rivalry is high
D. Environmental when:
A. There are few substitutes available
6. In a SWOT analysis, which of the following would be B. There are many competitors in the industry
considered a strength? C. Switching costs for buyers are low
A. Rising competition in the industry D. Suppliers have few alternative customers
B. Advanced technology used by competitors
C. Strong brand reputation 18. Which component of the PESTLE analysis evaluates legal
D. Economic recession frameworks, intellectual property laws, and regulatory
requirements?
7. In Porter's Five Forces model, the bargaining power of A. Political
suppliers is high when: B. Economic
A. There are few substitutes available C. Social
B. Suppliers have many alternative customers D. Legal
C. Switching costs for buyers are high
D. Suppliers have few alternative customers 19. In Porter's Five Forces model, the threat of new entrants is
high when:
8. Which component of the PESTLE analysis is concerned with A. There are few substitutes available
social trends, demographics, and cultural factors? B. There are many competitors in the industry
A. Political C. Switching costs for buyers are low
B. Economic D. Entry barriers are low
C. Social
D. Technological 20. In a SWOT analysis, which of the following would be
considered an opportunity?
9. A company's unique capabilities and resources that give it a A. Declining market demand
competitive advantage are known as: B. Increasing competition
A. Opportunities C. Rapid technological advancements
B. Threats D. Economic recession
C. Strengths
D. Weaknesses 21. In Porter's Five Forces model, the bargaining power of
suppliers is high when:
10. In a SWOT analysis, which of the following would be A. There are few substitutes available
considered a weakness? B. Suppliers have many alternative customers
A. Strong financial performance C. Switching costs for buyers are high
B. Limited brand recognition D. Suppliers have few alternative customers
C. Expanding market share
D. Growing market demand 22. A SWOT analysis is typically used for:
A. Strategic planning
11. Which component of the PESTLE analysis evaluates the B. Employee performance evaluation
impact of technological advancements on a business? C. Financial forecasting
A. Political D. Product development
B. Economic
C. Social 23. Which component of the PESTLE analysis assesses the
D. Technological technological infrastructure and innovation in a country or
region?
A. Political
 B. Economic
C. Social 35. In Porter's Five Forces model, the bargaining power of
D. Technological suppliers is high when:
A. There are few substitutes available
24. In Porter's Five Forces model, the threat of substitutes is high B. Suppliers have many alternative customers
when: C. Switching costs for buyers are high
A. There are few substitutes available D. Suppliers have few alternative customers
B. Suppliers have many alternative customers
C. Switching costs for buyers are high 36. Which component of the PESTLE analysis is concerned with
D. Suppliers have few alternative customers social trends, demographics, and cultural factors?
A. Political
25. Which component of the PESTLE analysis evaluates the B. Economic
impact of social trends, demographics, and cultural factors C. Social
on a business? D. Technological
A. Political
B. Economic 37. A company's unique capabilities and resources that give it a
C. Social competitive advantage are known as:
D. Technological A. Opportunities
B. Threats
26. In a SWOT analysis, which of the following would be C. Strengths
considered a strength? D. Weaknesses
A. Declining market demand
B. Strong brand reputation 38. In a SWOT analysis, which of the following would be
C. Increasing competition considered an opportunity?
D. Economic recession A. Declining market demand
B. Increasing competition
27. Which component of the PESTLE analysis evaluates the C. Rapid technological advancements
impact of technological advancements on a business? D. Economic recession
A. Political
B. Economic 39. Which component of the PESTLE analysis evaluates the
C. Social technological infrastructure and innovation in a country or
D. Technological region?
A. Political
28. In Porter's Five Forces model, the bargaining power of buyers B. Economic
is high when: C. Social
A. There are few substitutes available D. Technological
B. Buyers have many alternative suppliers
C. Switching costs for buyers are high 40. In Porter's Five Forces model, the threat of substitutes is high
D. Buyers have few alternative suppliers when:
A. There are few substitutes available
29. A SWOT analysis is used to: B. Suppliers have many alternative customers
A. Evaluate internal and external factors C. Switching costs for buyers are high
B. Assess industry competition D. Suppliers have few alternative customers
C. Analyze consumer behavior
D. Understand government policies 41. Which component of the PESTLE analysis evaluates the
impact of social trends, demographics, and cultural factors
30. In Porter's Five Forces model, competitive rivalry is high on a business?
when: A. Political
A. There are few substitutes available B. Economic
B. There are many competitors in the industry C. Social
C. Switching costs for buyers are low D. Technological
D. Suppliers have few alternative customers
42. In a SWOT analysis, which of the following would be
31. Which component of the PESTLE analysis evaluates legal considered a strength?
frameworks, intellectual property laws, and regulatory A. Declining market demand
requirements? B. Strong brand reputation
A. Political C. Increasing competition
B. Economic D. Economic recession
C. Social
D. Legal 43. Which component of the PESTLE analysis evaluates the
impact of technological advancements on a business?
32. In Porter's Five Forces model, the threat of new entrants is A. Political
high when: B. Economic
A. There are few substitutes available C. Social
B. There are many competitors in the industry D. Technological
C. Switching costs for buyers are low
D. Entry barriers are low 44. In Porter's Five Forces model, the bargaining power of buyers
is high when:
33. Which of the following is NOT a factor in the PESTLE analysis? A. There are few substitutes available
A. Political B. Buyers have many alternative suppliers
B. Economic C. Switching costs for buyers are high
C. Competitive D. Buyers have few alternative suppliers
D. Environmental
45. A SWOT analysis is used to:
34. In a SWOT analysis, which of the following would be A. Evaluate internal and external factors
considered a weakness? B. Assess industry competition
A. Strong financial performance C. Analyze consumer behavior
B. Limited brand recognition D. Understand government policies
C. Expanding market share
D. Growing market demand
46. In Porter's Five Forces model, competitive rivalry is high C. Social
when: D. Technological
A. There are few substitutes available
B. There are many competitors in the industry 58. In Porter's Five Forces model, the bargaining power of
C. Switching costs for buyers are low suppliers is high when:
D. Suppliers have few alternative customers A. Suppliers have few alternative customers
B. There are many competitors in the industry
47. Which component of the PESTLE analysis evaluates legal C. Switching costs for buyers are low
frameworks, intellectual property laws, and regulatory D. There are few substitutes available
requirements?
A. Political 59. In a SWOT analysis, which of the following would be
B. Economic considered a weakness?
C. Social A. Strong financial performance
D. Legal B. Expanding market share
C. Limited brand recognition
48. In Porter's Five Forces model, the threat of new entrants is D. Growing market demand
high when:
A. There are few substitutes available 60. In a PESTLE analysis, which component evaluates the impact
B. There are many competitors in the industry of legal frameworks and regulations on a business?
C. Switching costs for buyers are low A. Political
D. Entry barriers are low B. Economic
C. Social
49. Which of the following is NOT a factor in the PESTLE analysis? D. Legal
A. Political
B. Economic 61. In Porter's Five Forces model, the threat of substitutes is high
C. Competitive when:
D. Environmental A. There are few substitutes available
B. There are many competitors in the industry
50. In a SWOT analysis, which of the following would be C. Switching costs for buyers are high
considered a weakness? D. Suppliers have few alternative customers
A. Strong financial performance
B. Limited brand recognition 62. In a SWOT analysis, which of the following would be
C. Expanding market share considered an opportunity?
D. Growing market demand A. Declining market demand
B. Strong brand reputation
51. What does SWOT stand for in a SWOT analysis? C. Increasing competition
A. Strengths, Weaknesses, Opportunities, Threats D. Rapid technological advancements
B. Strategy, Weaknesses, Opportunities, Tactics
C. Strengths, Weaknesses, Opportunities, Training 63. In a PESTLE analysis, which component evaluates the impact
D. Strategy, Weaknesses, Opportunities, Threats of social trends, demographics, and cultural factors on a
business?
52. Which component of a PESTLE analysis evaluates the impact A. Political
of political stability and government policies on a business? B. Economic
A. Political C. Social
B. Economic D. Technological
C. Social
D. Legal 64. In Porter's Five Forces model, the bargaining power of buyers
is high when:
53. Which of the following is NOT a component of Porter's Five A. There are few substitutes available
Forces model? B. Buyers have many alternative suppliers
A. Threat of new entrants C. Switching costs for buyers are high
B. Bargaining power of suppliers D. Buyers have few alternative suppliers
C. Bargaining power of buyers
D. Competitive rivalry 65. Which of the following is NOT a component of a SWOT
analysis?
54. In a SWOT analysis, which of the following would be A. Strengths
considered a threat? B. Opportunities
A. Strong brand reputation C. Weaknesses
B. Expanding market share D. Competitors
C. Increasing competition
D. Rapid technological advancements 66. In a PESTLE analysis, which component evaluates the impact
of technological advancements on a business?
55. In Porter's Five Forces model, the bargaining power of buyers A. Political
is high when: B. Economic
A. Buyers have many alternative suppliers C. Social
B. Switching costs for buyers are high D. Technological
C. There are few substitutes available
D. Buyers have few alternative suppliers 67. In Porter's Five Forces model, the bargaining power of
suppliers is high when:
56. Which of the following is NOT a component of a SWOT A. Suppliers have few alternative customers
analysis? B. There are many competitors in the industry
A. Strengths C. Switching costs for buyers are low
B. Opportunities D. There are few substitutes available
C. Weaknesses
D. Competitors 68. In a SWOT analysis, which of the following would be
considered a weakness?
57. In a PESTLE analysis, which component evaluates the impact A. Strong financial performance
of technological advancements on a business? B. Expanding market share
A. Political C. Limited brand recognition
B. Economic D. Growing market demand
 d) External
69. In a PESTLE analysis, which component evaluates the impact
of legal frameworks and regulations on a business? 80. __________ is a strategic tool that assesses industry
A. Political competition and profitability by analyzing the bargaining
B. Economic power of suppliers, buyers, threat of substitutes, threat of
C. Social new entrants, and competitive rivalry.
D. Legal a) SWOT analysis
b) PESTLE analysis
70. In Porter's Five Forces model, the threat of substitutes is high c) Industry analysis
when: d) Porter's Five Forces model
A. There are few substitutes available
B. There are many competitors in the industry 81. The __________ of suppliers increases when they have few
C. Switching costs for buyers are high alternative customers.
D. Suppliers have few alternative customers a) Bargaining power
b) Negotiating power
71. The __________ of strategic business analysis is to identify c) Leverage
and understand the key factors that influence a company's d) Influence
long-term success.
a) Objective 82. Industry analysis helps businesses to understand the
b) Purpose competitive dynamics within a specific industry, including
c) Outcome factors such as entry barriers, __________, and substitutes.
d) Result a) Collaborations
b) Barriers to entry
72. Strategic business analysis is essential for making c) Product differentiation
__________ decisions, setting long-term objectives, and d) Market trends
planning for future growth.
a) Operational 83. PESTLE analysis evaluates the external __________ factors
b) Tactical affecting a business.
c) Strategic a) Micro-environmental
d) Short-term b) Macro-environmental
c) Competitive
73. Strategic management is the process of __________ an d) Internal
organization's resources to achieve its long-term objectives.
a) Utilizing 84. In Porter's Five Forces model, the threat of __________ is
b) Allocating high when there are many alternatives available.
c) Managing a) Competition
d) Delegating b) Substitutes
c) Bargaining power of suppliers
74. Strategic management involves the formulation and d) Bargaining power of buyers
implementation of __________ that guide the organization
towards its goals. 85. SWOT analysis helps businesses to identify areas where they
a) Policies are __________ or vulnerable.
b) Strategies a) Strong
c) Procedures b) Weak
d) Tactics c) Competitive
d) Resilient
75. __________ is a strategic tool used to evaluate the internal
and external factors affecting a business. 86. PESTLE analysis helps businesses to anticipate and adapt to
a) SWOT analysis changes in the __________ environment.
b) PESTLE analysis a) Internal
c) Industry analysis b) Micro-environmental
d) Porter's Five Forces model c) Competitive
d) External
76. SWOT analysis stands for Strengths, Weaknesses,
__________, and Threats. 87. In Porter's Five Forces model, the bargaining power of
a) Opportunities __________ is high when they have few alternative
b) Obstacles customers.
c) Objectives a) Buyers
d) Observations b) Suppliers
c) New entrants
77. SWOT analysis helps in identifying areas where a business d) Substitute products
can improve and capitalize on __________.
a) Weaknesses 88. Industry analysis helps businesses to understand the
b) Strengths __________ dynamics within a specific industry.
c) Threats a) Macro-economic
d) Opportunities b) Competitive
c) Organizational
78. __________ is a strategic tool that evaluates external factors d) Technological
affecting a business, including Political, Economic, Social,
Technological, Legal, and Environmental factors. 89. PESTLE analysis evaluates the __________ factors affecting a
a) SWOT analysis business.
b) PESTLE analysis a) External
c) Industry analysis b) Internal
d) Porter's Five Forces model c) Micro-environmental
d) Competitive
79. PESTLE analysis helps businesses to anticipate and adapt to
changes in the __________ environment. 90. In Porter's Five Forces model, the bargaining power of
a) Internal __________ is high when there are many alternative
b) Micro-environmental suppliers.
c) Competitive a) Buyers
 b) Suppliers a) Internal
c) New entrants b) External
d) Substitute products c) Micro-environmental
d) Competitive
91. __________ is a strategic tool used to assess the strengths,
weaknesses, opportunities, and threats of a business. 102. In Porter's Five Forces model, the bargaining power of
a) SWOT analysis __________ is high when there are few alternative products
b) PESTLE analysis available.
c) Industry analysis a) Buyers
d) Porter's Five Forces model b) Suppliers
c) New entrants
92. SWOT analysis helps businesses to identify areas where they d) Substitute products
can __________ their strengths and mitigate their
weaknesses. 103. Industry analysis helps businesses to understand the
a) Leverage competitive __________ within a specific industry.
b) Maintain a) Environment
c) Ignore b) Trends
d) Overcome c) Dynamics
d) Players
93. PESTLE analysis evaluates the __________ factors affecting a
business. 104. SWOT analysis helps businesses to identify __________ that
a) Internal can be capitalized on.
b) External a) Threats
c) Micro-environmental b) Weaknesses
d) Competitive c) Strengths
d) Opportunities
94. In Porter's Five Forces model, the bargaining power of
__________ is high when there are few alternative products 105. PESTLE analysis evaluates the external __________ factors
available. affecting a business.
a) Buyers a) Internal
b) Suppliers b) External
c) New entrants c) Micro-environmental
d) Substitute products d) Competitive

95. Industry analysis helps businesses to understand the 106. In Porter's Five Forces model, the bargaining power of
competitive __________ within a specific industry. __________ is high when they have few alternative
a) Environment customers.
b) Trends a) Buyers
c) Dynamics b) Suppliers
d) Players c) New entrants
d) Substitute products
96. SWOT analysis helps businesses to identify __________ that
can be capitalized on. 107. __________ is a strategic tool used to assess the strengths,
a) Threats weaknesses, opportunities, and threats of a business.
b) Weaknesses a) SWOT analysis
c) Strengths b) PESTLE analysis
d) Opportunities c) Industry analysis
d) Porter's Five Forces model
97. PESTLE analysis evaluates the external __________ factors
affecting a business. 108. SWOT analysis helps businesses to identify areas where they
a) Internal can __________ their strengths and mitigate their
b) External weaknesses.
c) Micro-environmental a) Leverage
d) Competitive b) Maintain
c) Ignore
98. In Porter's Five Forces model, the bargaining power of d) Overcome
__________ is high when they have few alternative
customers. 109. PESTLE analysis evaluates the __________ factors affecting a
a) Buyers business.
b) Suppliers a) Internal
c) New entrants b) External
d) Substitute products c) Micro-environmental
d) Competitive
99. __________ is a strategic tool used to assess the strengths,
weaknesses, opportunities, and threats of a business. 110. In Porter's Five Forces model, the bargaining power of
a) SWOT analysis __________ is high when there are few alternative products
b) PESTLE analysis available.
c) Industry analysis a) Buyers
d) Porter's Five Forces model b) Suppliers
c) New entrants
100. SWOT analysis helps businesses to identify areas where they d) Substitute products
can __________ their strengths and mitigate their
weaknesses. 111. Industry analysis helps businesses to understand the
a) Leverage competitive __________ within a specific industry.
b) Maintain a) Environment
c) Ignore b) Trends
d) Overcome c) Dynamics
d) Players
101. PESTLE analysis evaluates the __________ factors affecting a
business.
112. SWOT analysis helps businesses to identify __________ that 123. SWOT analysis helps in identifying areas where a business
can be capitalized on. can __________ and capitalize on opportunities.
a) Threats a) Strengthen its weaknesses
b) Weaknesses b) Overcome its threats
c) Strengths c) Leverage its strengths
d) Opportunities d) Ignore its opportunities

113. PESTLE analysis evaluates the external __________ factors 124. __________ is a strategic tool that evaluates external factors
affecting a business. affecting a business, including Political, Economic, Social,
a) Internal Technological, Legal, and Environmental factors.
b) External a) SWOT analysis
c) Micro-environmental b) PESTLE analysis
d) Competitive c) Industry analysis
d) Porter's Five Forces model
114. In Porter's Five Forces model, the bargaining power of
__________ is high when they have few alternative 125. PESTLE analysis helps businesses to anticipate and adapt to
customers. changes in the __________ environment.
a) Buyers a) Internal
b) Suppliers b) Micro-environmental
c) New entrants c) Competitive
d) Substitute products d) External

115. __________ is a strategic tool used to assess the strengths, 126. __________ is a strategic tool that assesses industry
weaknesses, opportunities, and threats of a business. competition and profitability by analyzing the bargaining
a) SWOT analysis power of suppliers, buyers, threat of substitutes, threat of
b) PESTLE analysis new entrants, and competitive rivalry.
c) Industry analysis a) SWOT analysis
d) Porter's Five Forces model b) PESTLE analysis
c) Industry analysis
116. SWOT analysis helps businesses to identify areas where they d) Porter's Five Forces model
can __________ their strengths and mitigate their
weaknesses. 127. The bargaining power of suppliers increases when they have
a) Leverage __________ customers.
b) Maintain a) Many alternative
c) Ignore b) Few alternative
d) Overcome c) No alternative
d) Unlimited alternative
117. PESTLE analysis evaluates the __________ factors affecting a
business. 128. Industry analysis helps businesses to understand the
a) Internal competitive dynamics within a specific __________.
b) External a) Environment
c) Micro-environmental b) Trend
d) Competitive c) Market
d) Sector
118. In Porter's Five Forces model, the bargaining power of
__________ is high when there are few alternative products 129. PESTLE analysis evaluates the __________ factors affecting a
available. business.
a) Buyers a) External
b) Suppliers b) Internal
c) New entrants c) Micro-environmental
d) Substitute products d) Competitive

119. Industry analysis helps businesses to understand the 130. In Porter's Five Forces model, the threat of substitutes is high
competitive __________ within a specific industry. when there are __________ alternatives available.
a) Environment a) Many
b) Trends b) Few
c) Dynamics c) No
d) Players d) Unlimited

120. SWOT analysis helps businesses to identify __________ that 131. SWOT analysis helps businesses to identify areas where they
can be capitalized on. are __________ or vulnerable.
a) Threats a) Strong
b) Weaknesses b) Weak
c) Strengths c) Resilient
d) Opportunities d) Competitive

121. __________ is a strategic tool used to evaluate the internal 132. PESTLE analysis helps businesses to anticipate and adapt to
and external factors affecting a business. changes in the __________ environment.
a) SWOT analysis a) Internal
b) PESTLE analysis b) Micro-environmental
c) Industry analysis c) Competitive
d) Porter's Five Forces model d) External

122. SWOT analysis stands for __________, Weaknesses, 133. In Porter's Five Forces model, the bargaining power of
Opportunities, and Threats. __________ is high when they have few alternative
a) Strengths suppliers.
b) Superpowers a) Buyers
c) Strategies b) Suppliers
d) Systems c) New entrants
d) Substitute products
134. Industry analysis helps businesses to understand the 145. In Porter's Five Forces model, the bargaining power of
competitive __________ within a specific industry. __________ is high when they have few alternative
a) Environment customers.
b) Trends a) Buyers
c) Dynamics b) Suppliers
d) Players c) New entrants
d) Substitute products
135. SWOT analysis helps businesses to identify __________ that
can be capitalized on. 146. __________ is a strategic tool used to assess the strengths,
a) Threats weaknesses, opportunities, and threats of a business.
b) Weaknesses a) SWOT analysis
c) Strengths b) PESTLE analysis
d) Opportunities c) Industry analysis
d) Porter's Five Forces model
136. PESTLE analysis evaluates the external __________ factors
affecting a business. 147. SWOT analysis helps businesses to identify areas where they
a) Internal can __________ their strengths and mitigate their
b) External weaknesses.
c) Micro-environmental a) Leverage
d) Competitive b) Maintain
c) Ignore
137. In Porter's Five Forces model, the bargaining power of d) Overcome
__________ is high when they have few alternative
customers. 148. PESTLE analysis evaluates the __________ factors affecting a
a) Buyers business.
b) Suppliers a) Internal
c) New entrants b) External
d) Substitute products c) Micro-environmental
d) Competitive
138. __________ is a strategic tool used to assess the strengths,
weaknesses, opportunities, and threats of a business. 149. In Porter's Five Forces model, the bargaining power of
a) SWOT analysis __________ is high when there are few alternative products
b) PESTLE analysis available.
c) Industry analysis a) Buyers
d) Porter's Five Forces model b) Suppliers
c) New entrants
139. SWOT analysis helps businesses to identify areas where they d) Substitute products
can __________ their strengths and mitigate their
weaknesses. 150. Industry analysis helps businesses to understand the
a) Leverage competitive __________ within a specific industry.
b) Maintain a) Environment
c) Ignore b) Trends
d) Overcome c) Dynamics
d) Players
140. PESTLE analysis evaluates the __________ factors affecting a
business. 151. SWOT analysis helps businesses to identify __________ that
a) Internal can be capitalized on.
b) External a) Threats
c) Micro-environmental b) Weaknesses
d) Competitive c) Strengths
d) Opportunities
141. In Porter's Five Forces model, the bargaining power of
__________ is high when there are few alternative products 152. PESTLE analysis evaluates the external __________ factors
available. affecting a business.
a) Buyers a) Internal
b) Suppliers b) External
c) New entrants c) Micro-environmental
d) Substitute products d) Competitive

142. Industry analysis helps businesses to understand the 153. In Porter's Five Forces model, the bargaining power of
competitive __________ within a specific industry. __________ is high when there are few alternative
a) Environment customers.
b) Trends a) Buyers
c) Dynamics b) Suppliers
d) Players c) New entrants
d) Substitute products
143. SWOT analysis helps businesses to identify __________ that
can be capitalized on. 154. __________ is a strategic tool used to assess the strengths,
a) Threats weaknesses, opportunities, and threats of a business.
b) Weaknesses a) SWOT analysis
c) Strengths b) PESTLE analysis
d) Opportunities c) Industry analysis
d) Porter's Five Forces model
144. PESTLE analysis evaluates the external __________ factors
affecting a business. 155. SWOT analysis helps businesses to identify areas where they
a) Internal can __________ their strengths and mitigate their
b) External weaknesses.
c) Micro-environmental a) Leverage
d) Competitive b) Maintain
 c) Ignore b) Trends
d) Overcome c) Dynamics
d) Players
156. PESTLE analysis evaluates the __________ factors affecting a
business. 167. SWOT analysis helps businesses to identify __________ that
a) Internal can be capitalized on.
b) External a) Threats
c) Micro-environmental b) Weaknesses
d) Competitive c) Strengths
d) Opportunities
157. In Porter's Five Forces model, the bargaining power of
__________ is high when there are few alternative products 168. PESTLE analysis evaluates the external __________ factors
available. affecting a business.
a) Buyers a) Internal
b) Suppliers b) External
c) New entrants c) Micro-environmental
d) Substitute products d) Competitive

158. Industry analysis helps businesses to understand the 169. In Porter's Five Forces model, the bargaining power of
competitive __________ within a specific industry. __________ is high when there are few alternative
a) Environment customers.
b) Trends a) Buyers
c) Dynamics b) Suppliers
d) Players c) New entrants
d) Substitute products
159. SWOT analysis helps businesses to identify __________ that
can be capitalized on. 170. __________ is a strategic tool used to assess the strengths,
a) Threats weaknesses, opportunities, and threats of a business.
b) Weaknesses a) SWOT analysis
c) Strengths b) PESTLE analysis
d) Opportunities c) Industry analysis
d) Porter's Five Forces model
160. PESTLE analysis evaluates the external __________ factors
affecting a business. 171. What does the "S" in SWOT analysis stand for?
a) Internal a) Seize opportunities
b) External b) Minimize weaknesses
c) Micro-environmental c) Build on strengths
d) Competitive d) Counteract threats

161. In Porter's Five Forces model, the bargaining power of 172. Which of the following is an example of a business strength?
__________ is high when there are few alternative a) Market research data may be out of
customers. date
a) Buyers b) High rental costs
b) Suppliers c) Good relationship with customers
c) New entrants d) Cash flow problems
d) Substitute products
173. What should a business aim to do with its weaknesses
162. __________ is a strategic tool used to assess the strengths, according to SWOT analysis?
weaknesses, opportunities, and threats of a business. a) Seize opportunities
a) SWOT analysis b) Build on strengths
b) PESTLE analysis c) Counteract threats
c) Industry analysis d) Minimize weaknesses
d) Porter's Five Forces model
174. Which of the following is NOT an example of a business
163. SWOT analysis helps businesses to identify areas where they weakness?
can __________ their strengths and mitigate their a) High rental costs
weaknesses. b) Poor record keeping
a) Leverage c) Excellent sales staff
b) Maintain d) Holding too much stock
c) Ignore
d) Overcome 175. What does the "O" in SWOT analysis represent?
a) Minimize weaknesses
164. PESTLE analysis evaluates the __________ factors affecting a b) Seize opportunities
business. c) Counteract threats
a) Internal d) Build on strengths
b) External
c) Micro-environmental 176. Which of the following is an example of a business
d) Competitive opportunity?
a) High traffic location
165. In Porter's Five Forces model, the bargaining power of b) Poor cash flow management
__________ is high when there are few alternative products c) Limited market presence
available. d) Outdated technology
a) Buyers
b) Suppliers 177. What should a business aim to do with its threats according
c) New entrants to SWOT analysis?
d) Substitute products a) Seize opportunities
b) Build on strengths
166. Industry analysis helps businesses to understand the c) Minimize weaknesses
competitive __________ within a specific industry. d) Counteract threats
a) Environment
178. Which of the following is NOT an example of a business a) By maximizing weaknesses
threat? b) By ignoring opportunities
a) Economic downturn c) By minimizing strengths
b) Intense competition d) By strategic planning and action
c) Robust brand image
d) Changes in government regulations 191. What aspect of a business is assessed under the "S" in SWOT
analysis?
179. What does a SWOT analysis help a business to do? a) External factors
a) Understand market trends b) Internal factors
b) Predict changes in government c) Market trends
regulations d) Regulatory changes
c) Identify areas of improvement
d) Build on weaknesses 192. Which of the following is NOT an example of a business
strength?
180. Which of the following is a potential outcome of a SWOT a) Efficient supply chain management
analysis? b) Limited market presence
a) Increase in competition c) Strong brand reputation
b) Better understanding of competitors d) Talented workforce
c) Decrease in customer satisfaction
d) Reduced market share 193. What does the "W" in SWOT analysis signify?
a) Seize opportunities
181. How can a business utilize the results of a SWOT analysis? b) Minimize weaknesses
a) To ignore market changes c) Counteract threats
b) To avoid new product development d) Build on strengths
c) To identify areas of improvement
d) To decrease customer engagement 194. Which of the following is NOT a potential opportunity for a
business?
182. Which of the following is a potential weakness for a a) Expansion into new markets
business? b) Growing demand for eco-friendly
a) Successful marketing strategies products
b) Good internal communications c) Strong competition in the industry
c) Cash flow problems d) Technological advancements
d) High traffic location
195. How can a business utilize SWOT analysis in decision-
183. What aspect of a business is assessed under the "W" in making?
SWOT analysis? a) By ignoring market trends
a) Opportunities b) By avoiding strategic planning
b) Strengths c) By identifying areas for improvement
c) Weaknesses d) By neglecting competitors
d) Threats
196. Which of the following is an example of a business
184. Which of the following is NOT a potential strength of a weakness?
business? a) Strong brand reputation
a) Robust brand image b) High employee satisfaction
b) High employee turnover c) Outdated technology
c) Exclusive technological advancements d) Exclusive technological advancements
d) Proficient workforce
197. What does the "O" in SWOT analysis stand for?
185. What does the "T" in SWOT analysis represent? a) Minimize weaknesses
a) Build on strengths b) Counteract threats
b) Minimize weaknesses c) Build on strengths
c) Seize opportunities d) Seize opportunities
d) Counteract threats
198. Which of the following is NOT an example of a business
186. Which of the following is a potential threat for a business? strength?
a) Strong brand reputation a) Proficient workforce
b) Changes in consumer preferences b) Limited market presence
c) Successful product launch c) Efficient supply chain management
d) Good supplier relationships d) Robust brand image

187. How can a business benefit from analyzing its strengths? 199. What aspect of a business is assessed under the "T" in SWOT
a) By ignoring areas of improvement analysis?
b) By minimizing weaknesses a) External factors
c) By avoiding opportunities b) Internal factors
d) By reducing customer satisfaction c) Market trends
d) Regulatory changes
188. What should a business do with its identified weaknesses?
a) Build on them 200. Which of the following is a potential outcome of conducting
b) Minimize them a SWOT analysis?
c) Seize opportunities from them a) Decreased competition
d) Ignore them b) Reduced market share
c) Improved understanding of market
189. Which of the following is an example of an opportunity for a trends
business? d) Increased customer dissatisfaction
a) Economic recession
b) Declining market demand 201. How can a business utilize its strengths identified through
c) Emerging market segment SWOT analysis?
d) Stringent government regulations a) By minimizing weaknesses
b) By ignoring opportunities
190. How can a business counteract identified threats? c) By avoiding strategic planning
 d) By leveraging them for competitive 214. True or False: Industry analysis involves evaluating the
advantage competitive dynamics within a specific industry, including
factors such as entry barriers, rivalry, and substitutes.
202. What should a business aim to do with its identified threats Answer: True
according to SWOT analysis?
a) Minimize weaknesses 215. True or False: Porter's Five Forces model assesses industry
b) Counteract threats competition and profitability by analyzing the bargaining
c) Build on strengths power of suppliers, buyers, threat of substitutes, threat of
d) Seize opportunities new entrants, and competitive rivalry.
Answer: True
203. Which of the following is an example of a business
opportunity? 216. True or False: SWOT analysis is a strategic tool primarily used
a) Economic recession for financial forecasting.
b) Declining market demand Answer: False
c) Emerging market segment
d) Stringent government regulations 217. True or False: PESTLE analysis assesses internal factors like
Strengths and Weaknesses.
204. How can a business benefit from analyzing its weaknesses? Answer: False
a) By maximizing them
b) By ignoring opportunities 218. True or False: The Political component of PESTLE analysis
c) By minimizing strengths evaluates government policies and regulations.
d) By identifying areas for improvement Answer: True

205. What aspect of a business is assessed under the "S" in SWOT 219. True or False: The Economic component of PESTLE analysis
analysis? evaluates technological advancements and infrastructure.
a) Opportunities Answer: False
b) Strengths
c) Weaknesses 220. True or False: The Social component of PESTLE analysis
d) Threats evaluates social trends, demographics, and cultural factors.
Answer: True
206. Which of the following is a potential threat for a business?
a) Strong brand reputation 221. True or False: In Porter's Five Forces model, the bargaining
b) Changes in consumer preferences power of suppliers is high when suppliers have many
c) Successful product launch alternative customers.
d) Good supplier relationships
222. True or False: SWOT analysis is primarily used for analyzing
207. How can a business counteract identified weaknesses? consumer behavior.
a) By maximizing strengths Answer: False
b) By ignoring opportunities
c) By minimizing weaknesses 223. True or False: In Porter's Five Forces model, the threat of new
d) By avoiding strategic planning entrants is high when entry barriers are low.
Answer: True
208. Which of the following is NOT an example of a business
strength? 224. True or False: The Legal component of PESTLE analysis
a) High customer churn rate evaluates economic conditions, currency stability, and
b) Talented and motivated workforce purchasing power of consumers.
c) Unique selling proposition Answer: False
d) Strong brand reputation
225. True or False: SWOT analysis is a strategic tool used for
209. What does the "W" in SWOT analysis signify? assessing industry competition.
a) Seize opportunities Answer: False
b) Minimize weaknesses
c) Counteract threats 226. True or False: In Porter's Five Forces model, the bargaining
d) Build on strengths power of buyers is high when buyers have many alternative
suppliers.
210. Which of the following is NOT a potential opportunity for a Answer: False
business?
a) Expansion into new markets 227. True or False: Industry analysis assesses the competitive
b) Growing demand for eco-friendly forces within a specific industry, including factors such as
products entry barriers, rivalry, and substitutes.
c) Strong competition in the industry Answer: True
d) Technological advancements
228. True or False: SWOT analysis is used primarily for analyzing
TRUE OR FALSE financial performance.
211. True or False: Strategic business analysis focuses on long- Answer: False
term objectives and planning for a business.
Answer: True 229. True or False: PESTLE analysis evaluates both internal and
external factors affecting a business.
212. True or False: The SWOT analysis is an acronym for Strengths, Answer: False
Weaknesses, Opportunities, and Threats, and it evaluates
internal and external factors affecting a business. 230. True or False: In Porter's Five Forces model, the threat of
Answer: True substitutes is high when there are many alternatives
available.
213. True or False: PESTLE analysis is a strategic tool that Answer: False
evaluates external factors affecting a business, including
Political, Economic, Social, Technological, Legal, and 231. True or False: SWOT analysis is a strategic tool used primarily
Environmental factors. for analyzing financial performance.
Answer: True Answer: False
232. True or False: PESTLE analysis evaluates both internal and 249. True or False: SWOT analysis is a strategic tool primarily used
external factors affecting a business. for analyzing consumer behavior.
Answer: False Answer: False

233. True or False: In Porter's Five Forces model, the threat of 250. True or False: In Porter's Five Forces model, the threat of new
substitutes is high when there are many alternatives entrants is high when entry barriers are low.
available. Answer: True
Answer: False

234. True or False: SWOT analysis is a strategic tool used for

assessing industry competition.
Answer: False

235. True or False: Industry analysis assesses the competitive

forces within a specific industry, including factors such as
entry barriers, rivalry, and substitutes.
Answer: True

236. True or False: In Porter's Five Forces model, the bargaining

power of buyers is high when buyers have many alternative
suppliers.

237. True or False: SWOT analysis is a strategic tool primarily used

for analyzing consumer behavior.
Answer: False

238. True or False: In Porter's Five Forces model, the threat of new
entrants is high when entry barriers are low.
Answer: True

239. True or False: The Legal component of PESTLE analysis

evaluates economic conditions, currency stability, and
purchasing power of consumers.
Answer: False

240. True or False: Industry analysis assesses the competitive

dynamics within a specific industry, including factors such as
entry barriers, rivalry, and substitutes.
Answer: True

241. True or False: In Porter's Five Forces model, the bargaining

power of suppliers is high when suppliers have many
alternative customers.
Answer: False

242. True or False: SWOT analysis is a strategic tool primarily used

for financial forecasting.
Answer: False

243. True or False: PESTLE analysis is a strategic tool that

evaluates external factors affecting a business, including
Political, Economic, Social, Technological, Legal, and
Environmental factors.
Answer: True

244. True or False: Industry analysis involves evaluating the

competitive dynamics within a specific industry, including
factors such as entry barriers, rivalry, and substitutes.
Answer: True

245. True or False: In Porter's Five Forces model, the bargaining

power of suppliers is high when suppliers have many
alternative customers.
Answer: False

246. True or False: SWOT analysis is a strategic tool used for

assessing industry competition.
Answer: False

247. True or False: Industry analysis assesses the competitive

forces within a specific industry, including factors such as
entry barriers, rivalry, and substitutes.
Answer: True

248. True or False: In Porter's Five Forces model, the bargaining

power of buyers is high when buyers have many alternative
suppliers.
Answer: False