Question

QUESTION 11

Strategic alternatives, if adopted,

		always require substantial change within the organization.
		always require substantial resources for implementation.
		may fail.
		All of the above.

1 points   

QUESTION 12

Strength-threat alternatives are always offensive in nature.

True

False

1 points   

QUESTION 13

The SWOT analysis precedes the SW/OT matrix.

True

False

1 points   

QUESTION 14

The first step in the strategy formulation process is the SW/OT matrix.

True

False

1 points   

QUESTION 15

The foundation for a firm’s strengths and weaknesses is

		its competitive advantage.
		its opportunities and threats.
		its market accessibility.
		None of the above.

1 points   

QUESTION 16

The purpose of the SW/OT matrix is to identify blind spots in an organization’s environment.

True

False

1 points   

QUESTION 17

The tool that analyzes a firm’s strengths and weaknesses to understand how they might translate into competitive advantage is known as the

		value chain.
		SWOT analysis.
		SW/OT matrix.
		None of the above.

1 points   

QUESTION 18

Weakness-opportunity alternatives may be either offensive or defensive.

True

False

1 points   

QUESTION 19

Weaknesses and threats are associated with factors inside the organization.

True

False

1 points   

QUESTION 20

Which of the following are always defensive in nature?

		strength-opportunity alternative
		strength-threat alternative
		weakness-opportunity alternative
		weakness-threat alternative

1 points   

QUESTION 21

Which of the following are always offensive in nature?

		strength-opportunity alternative
		strength-threat alternative
		weakness-opportunity alternative
		weakness-threat alternative

Answer 1

11. always require substantial resources for implementation.

A strategic alternative is something that is planned once the actual strategy of teh organization fails or may not provide fruitful resuls. A strategic alternative can be implemented if there is adequate or sustantial resources for the same.

12. False

It is generally an assessment which is followed by analysis and therefore it cannot be stated to be offensive.

13. False

In this case the natrix precedes the analysis.

14. True

The first step is the matrix because with the help of this the details regarding strength, wekaness, opportunities and threats are determined.

15. its market accessibility.

The strength and weakness of an organization can be determined with the help of its accessibility in market and depending on that it is understood.

16. True

This actually provides information about the limitations of the business.

17. SWOT analysis.

It helps the organization have a knowledge on the strengths with the help of which the organization can develop a competitive advantage over it sompetitors using the strengths

18. True

Weakness is generally taken in a defensive manner and opportunities and in an offensive manner.

19. False

There are external factors also like threat of new entrants, governmental rules, etc.

20. weakness-threat alternative

They are always defensive because the organizations generally are a bit on teh backfoot regarding such factors.

21. strength-opportunity alternative

They are always offensive because the organization generally showcase and use these factors for their betterment.