Uop Mgt 521 Week 2 Individual Knowledge Check

1 . As a process of self-examination during her senior year of college, Casey decides to develop a SWOT analysis of her prospects relative to getting a job. Casey realizes that she has a personal characteristic that suggests she is not comfortable interacting with strangers. She interprets this as a(n) ________ if she is to get a job as a salesperson.
• A. threat
• B. strength
• C. weakness
• D. opportunity
2 . Casey is looking for a new job. She decides to develop a SWOT analysis of the industries she might want to work in. Casey majored inmarketing and enjoyed studying market research. Through her research on the Internet and in the University Library, she learns that this industry is currently doing well. She interprets this as a(n) ________.
• A. weakness
• B. threat
• C. strength
• D. Opportunity
3 . In performing a SWOT analysis, which of the following would be considered as a threat?
• A. Lack of a strategic plan
• B. Increased product demand
• C. Competitors
• D. Recognized brand
4 . Strategic plans are usually ________.
• A. short term, directional, and standing
• B. short term, specific, and standing
• C. long term, directional, and single use
• D. long term, specific, and standing
5 . Operational plans are usually ________.
• A. short term, directional, and standing
• B. short term, specific, and standing
• C. long term, directional, and single use
• D. long term, specific, and standing
6 . When organizations think about entering a market, they may be concerned with how unique their product might be. Which of Porter’s Five Forces would be relevant in this case?
• A. Threat of new entrants
• B. Bargaining power of suppliers
• C. Current rivalry
• D. Threat of substitutes
7 . ________ involves defining the organization’s goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities.
• A. Execution
• B. Logistics
• C. Planning
• D. Operations
8 . Goals are...