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RTPM 497 EXAM 3 QUESTIONS AND ACCURATE ANSWERS
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RTPM 497 EXAM 3 QUESTIONS AND ACCURATE ANSWERSWhere did a 19 year old roadie die? Answer Roadie Dies at Avenged Sevenfold Germany
Concert
smartest thing you can so during planning process is to - Answer carry out a SWOT
analysis
SWOT allows you to identify - Answer internal and external influences
SWOT primary objective - Answer to help organizations develop a full awareness of all
the factors involved in a decision.
• A framework that allows managers to synthesize insights gained from an internal
analysis of the firm's strengths and weaknesses with insights secured from an analysis
of external opportunities and threats.
when to use SWOT - Solution • frequently used in strategy formulation. They act as an
inquisitor to any form of company activity, which may be finding out new ventures,
defining new policy, identifying points that could be altered and different, or giving a
new course and direction to middle strategy _• you can begin to consider ways in
which your business might exploit strengths further or reduce/ eliminate weaknesses
elements of SWOT analysis - Answer • The SWOT analysis is a simple, albeit
comprehensive strategy for finding 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 - Answer • Strengths are those features of the business which enable
you to operate more effectively than your competitors. Example: a strength might be
your specialist technical knowledge. You should consider your strengths in your own
terms and that of your customers and clients. You must be realistic and honest.
, • Try answering the following questions:
What are you best at?
What are your competitive advantages?
when analyzing SWOT strengths you have to be - Answer realisitic and honest
BJC SWOT strengths - Answer • Having ticketmaster
• Quick to respond
• UPAC Partnership for discounted student tickets
• Very strong country market
• Many committed staff who will go the extra mile and not allow the building to fail-quite a
fast response rate, for that matter. Also, good routing is allowed. You can buy the shows
and take risks. Reasonable rates: Intensive promoter recruitment program.
weaknesses - Answer • Weaknesses are areas capable of improvement. Are you lacking
skills or new products > so you have higher cost base or lower productivity than your
competitors? You must face any unpleasant truths about your business and be realistic \
o Can you do anything better? \
o Do you do anything badly?\
o What should be avoided? \
o What causes problems or complaints
BJC SWOT Weaknesses - Answer • Lower wage payroll rate/lack of people to work
events (ACA)
• ICA Partnership
• Some departments are understaffed when we are in busy times
• Customers perception of staff (parking, event, management)
• Consistent synergy among teams is a constant challenge (some complacency)
• Wireless and cellular challenges (technology)
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