1. Strategic alternatives, if adopted,
always require substantial change within the organization.
always require substantial resources for implementation.
may fail.
All of the above.
2. Strength-threat alternatives are always offensive in nature.
True
False
3. The SWOT analysis precedes the SW/OT matrix.
True
False
4. The first step in the strategy formulation process is the SW/OT matrix.
True
False
5. The foundation for a firm’s strengths and weaknesses is
its competitive advantage.
its opportunities and threats.
its market accessibility.
None of the above.
6. The purpose of the SW/OT matrix is to identify blind spots in an organization’s environment.
True
False
7. 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.
8. Weakness-opportunity alternatives may be either offensive or defensive.
True
False
9. Weaknesses and threats are associated with factors inside the organization.
True
False
10. Which of the following are always defensive in nature?
strength-opportunity alternative
strength-threat alternative
weakness-opportunity alternative
weakness-threat alternative
11. Which of the following are always offensive in nature?
strength-opportunity alternative
strength-threat alternative
weakness-opportunity alternative
weakness-threat alternative