Management 339 - Managing Operations » Spring 2023 » Review Quiz 3

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Question #1
Which one of the following explains the meaning of SWOT correctly?
A.   Strengths, Weaknesses, Opportunities, and Technologies.
B.   Strengths, Weaknesses, Opportunities, and Threats.
C.   Strategies, Weaknesses, Opportunities, and Threats.
D.   Strategies, Weaknesses, Obligations, and Technologies.
E.   Strengths, Weaknesses, Obligations, and Threats.
Question #2
Among the five corporate strategies, _________________ refers to the strategy where a firm acquires or merges with another firm operating at the same stage in the supply chain.
A.   Concentration
B.   Horizontal integration
C.   Conglomerate diversification
D.   Concentric diversification
E.   Vertical integration

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