RTPM 497 EXAM #3 QUESTIONS WITH COMPLETE SOLUTIONS

where did a 19 year old roadie die? correct answer: Roadie Dies at Avenged Sevenfold Germany Concert smartest thing you can so during planning process is to correct answer: conduct a SWOT analysis SWOT allows you to identify correct answer: internal and external influences SWOT primary objective correct answer: to help organizations develop a full awareness of all the factors involved in a decision. • A framework that allows managers to synthesize insights obtained from an internal analysis of the company's strengths and weaknesses with those from an analysis of external opportunities and threats. when to use SWOT correct answer: • often used during strategic planning. They can serve as a persecutor to any sort of company action, such as exploring new initiatives, making decisions about new policies, identifying possible areas for change, or refining and redirecting efforts mid plan • you can come up with ways to better capitalize on your company's strengths and improve or eliminate weaknesses elements of SWOT analysis correct answer: • The SWOT analysis is a simple, albeit comprehensive strategy for identifying not only the weaknesses and threats of a plan, but also the strength and opportunities it makes possible. • Knowing these positive and negative elements can help companies more effectively communicate what parts of a plan need to be recognized. SWOT Strengths correct answer: • Strengths are those features of the business which allow you to operate more effectively than your competitors. For example, a strength could be your specialist technical knowledge. You need to consider your strengths from your own point of view and from that of your customers and clients. You must be realistic and honest. • Try answering the following questions: o What is it that you do well? o What advantages do you have over your competitors? when looking at SWOT strengths you must be correct answer: realistic and honest BJC SWOT strengths correct answer: • Having ticketmaster • Quick to respond • UPAC Partnership for discounted student tickets • Very strong country market