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Question 11.In a SWOT analysis, the columns describe _______ and the rows describe _______:
Question 22.What three things do you need in order to perform a break-even analysis?
Question 33.Why is it important for companies to evaluate managerial decisions using a SWOT Analysis?
Question 44.What things do you need to consider when calculating the average cost to make each product?
Question 55.What does SWOT stand for?
Question 66.Jessica has just conducted a SWOT analysis of her firm. What should her next steps be?
Question 77.Joe's supervisor has asked how long it will take for him to finish a project. Joe anticipates a 'best case' scenario of 4 hours, a 'worst case' scenario of 8 hours, and a 'probable' scenario of 5 hours. Using the formula to calculate 'Expected Time', Joe should tell his supervisor the project will take _____.
Question 88.The acid ratio is also known as the:
Question 99.The first steps management should consider determining the feasibility of a new project or expansion project is to determine:
Question 1010.Why is a unique selling proposition important for a company?
Question 1111.Why would we prepare a situational analysis?
Question 1212.A company has $35,000 in current assets, $15,000 in long term assets, $25,000 in current liabilities and $45,000 in long term liabilities. What is its current ratio?
Question 1313.What does PERT stand for?
Question 1414.In a situational analysis, what areas of the business need to be analyzed?
Question 1515.Which of the following is a computation used to measure a company's ability to pay its short term debt?
Question 1616.Pessimistic Time is defined as _____.
Question 1717.Calculate the BEQ when you have a fixed monthly cost of $2000, an average cost per product of $20 and an average sales price per product of $50.
Question 1818.Once the important questions are answered during the SWOT analysis, managers can begin to place the strengths, weaknesses, opportunities, and threats in the appropriate quadrant of the _____.
Question 1919.What is the cash ratio for a company with $10,000 in the bank, $25,000 in the 30-day CDs, and $30,000 in current liabilities?
Question 2020.What must be done before a PERT analysis can take place?
Question 2121.Calculate the BEQ when you have a fixed monthly cost of $1500, an average cost per product of $4, and an average price per product of $7.
Question 2222.Optimistic Time is defined as _____.
Question 2323.What is a situational analysis in marketing?
Question 2424.What would a current ratio of 1 tell us about a company?
Question 2525.What does it mean when you have a BEQ of 400?
Small Business Analysis Models Chapter Exam Instructions
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