Question 1

The country accounting for the greatest piece of the U.S.trade deficit is Mexico.

Accepted Answer

A) True 
 B)False  False

Question 2

Social forces can vary markedly among nations,even those whose cultures are similar.

Accepted Answer

A) True 
 B)False  True

Question 3

Which of the following is not a reason that the outsourcing/offshoring debate is difficult to resolve?

Accepted Answer

A) lack of key data 
B) differences in regulations 
C) complex firm relationships across borders 
D) All of the above are reasons. 
A) lack of key data 
B) differences in regulations 
C) complex firm relationships across borders 
D) All of the above are reasons. D

Question 4

Social forces can

Accepted Answer

A) vary widely among nations. 
B) affect different industries in markedly different ways. 
C) affect different businesses in an industry in different ways. 
D) All of the above 
A) vary widely among nations. 
B) affect different industries in markedly different ways. 
C) affect different businesses in an industry in different ways. 
D) All of the above

Question 5

Contracting out a firm's non-core,non-revenue-producing activities to other organizations primarily to reduce costs is known as

Accepted Answer

A) outsourcing. 
B) offshoring. 
C) mass customization. 
D) commoditization. 
A) outsourcing. 
B) offshoring. 
C) mass customization. 
D) commoditization.

Question 6

Which of the following is the largest form of electronic commerce?

Accepted Answer

A) business-to-business (B2
B)  
B) business-to-consumer (B2
C)  
C) consumer-to-business (C2
B)  
D) consumer-to-consumer (C2
C)  
A) business-to-business (B2
B)  
B) business-to-consumer (B2
C)  
C) consumer-to-business (C2
B)  
D) consumer-to-consumer (C2
C)

Question 7

Auction facilitator eBay is an example of which form of electronic commerce?

Accepted Answer

A) business-to-business (B2
B)  
B) business-to-consumer (B2
C)  
C) consumer-to-business (C2
B)  
D) consumer-to-consumer (C2
C)  
A) business-to-business (B2
B)  
B) business-to-consumer (B2
C)  
C) consumer-to-business (C2
B)  
D) consumer-to-consumer (C2
C)

Question 8

Commoditization refers to the increasing difficulty firms have distinguishing their products and services from those of their rivals.

Accepted Answer

A) True 
 B)False

Question 9

The increasing difficulty firms have distinguishing their products and services from those of their rivals is known as

Accepted Answer

A) outsourcing.. 
B) offshoring. 
C) mass customization 
D) commoditization. 
A) outsourcing.. 
B) offshoring. 
C) mass customization 
D) commoditization.

Question 10

The Internet acts as a distribution channel for many non-tangible goods and services.

Accepted Answer

A) True 
 B)False

Question 11

Scientific improvements and innovations are examples of

Accepted Answer

A) social forces. 
B) industry forces. 
C) economic forces 
D) None of the above. 
A) social forces. 
B) industry forces. 
C) economic forces 
D) None of the above.

Question 12

Environmental scanning refers to the systematic analysis of a firm's social responsible activity related to environmental awareness.

Accepted Answer

A) True 
 B)False

Question 13

How have attitudes toward responsible manufacturing and waste management practices affected industries.

Accepted Answer

a.The last decade of the twentieth centu

Question 14

How has the Internet affected service industries in the U.S.? What changes do you expect in the future.

Accepted Answer

a.Answers will vary,but could include a

Question 15

"Clicks and bricks" refers to

Accepted Answer

A) businesses that focus on Internet technology as well as Internet distribution. 
B) retailers that utilize the Internet only as a support mechanism for traditional sales. 
C) businesses that emphasize both Internet-mediated and traditional forms of business. 
D) None of the above. 
A) businesses that focus on Internet technology as well as Internet distribution. 
B) retailers that utilize the Internet only as a support mechanism for traditional sales. 
C) businesses that emphasize both Internet-mediated and traditional forms of business. 
D) None of the above.

Question 16

The unconscious reference to one's own cultural values as a standard of judgment is known as cultural discrimination.

Accepted Answer

A) True 
 B)False

Question 17

According to the notion of disaggregation and reaggregation,

Accepted Answer

A) partnerships are usually not effective means of competing in the global marketplace. 
B) the Internet is not a viable means of product or service distribution. 
C) effective business models do not change. 
D) None of the above. 
A) partnerships are usually not effective means of competing in the global marketplace. 
B) the Internet is not a viable means of product or service distribution. 
C) effective business models do not change. 
D) None of the above.

Question 18

Outsourcing refers to contracting out a firm's non-core,non-revenue-producing activities to other organizations primarily to reduce costs.

Accepted Answer

A) True 
 B)False

Question 19

Outsourcing efforts can fail because

Accepted Answer

A) of hidden costs. 
B) of loss of control of the outsourced activity. 
C) a firm might outsource an activity that should not be outsourced. 
D) All of the above. 
A) of hidden costs. 
B) of loss of control of the outsourced activity. 
C) a firm might outsource an activity that should not be outsourced. 
D) All of the above.

Question 20

The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as

Accepted Answer

A) economies of scale. 
B) mass customization. 
C) specialization. 
D) None of the above. 
A) economies of scale. 
B) mass customization. 
C) specialization. 
D) None of the above.

The country accounting for the greatest piece of the U.S.trade deficit is Mexico.

Social forces can vary markedly among nations,even those whose cultures are similar.

Which of the following is not a reason that the outsourcing/offshoring debate is difficult to resolve?

Social forces can

Contracting out a firm's non-core,non-revenue-producing activities to other organizations primarily to reduce costs is known as

Which of the following is the largest form of electronic commerce?

Auction facilitator eBay is an example of which form of electronic commerce?

Commoditization refers to the increasing difficulty firms have distinguishing their products and services from those of their rivals.

The increasing difficulty firms have distinguishing their products and services from those of their rivals is known as

The Internet acts as a distribution channel for many non-tangible goods and services.

Scientific improvements and innovations are examples of

Environmental scanning refers to the systematic analysis of a firm's social responsible activity related to environmental awareness.

How have attitudes toward responsible manufacturing and waste management practices affected industries.

How has the Internet affected service industries in the U.S.? What changes do you expect in the future.

"Clicks and bricks" refers to

The unconscious reference to one's own cultural values as a standard of judgment is known as cultural discrimination.

According to the notion of disaggregation and reaggregation,

Outsourcing refers to contracting out a firm's non-core,non-revenue-producing activities to other organizations primarily to reduce costs.

Outsourcing efforts can fail because

The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as

Fundamentals of Strategic Management

Industry Competition

External Environment: Political Economic Forces

Organization Mission Direction

Corporate-Level Strategies

Business Unit Strategies

Functional Strategies

Strategy Formulation

Strategy Execution-Organizational Structure

Strategy Execution: Strategic Change,culture Leadership

Strategic Control

Filters

Exam 4: External Environment: Social Technological Forces

The country accounting for the greatest piece of the U.S.trade deficit is Mexico.

Social forces can vary markedly among nations,even those whose cultures are similar.

Which of the following is not a reason that the outsourcing/offshoring debate is difficult to resolve?

Social forces can

Contracting out a firm's non-core,non-revenue-producing activities to other organizations primarily to reduce costs is known as

Which of the following is the largest form of electronic commerce?

Auction facilitator eBay is an example of which form of electronic commerce?

Commoditization refers to the increasing difficulty firms have distinguishing their products and services from those of their rivals.

The increasing difficulty firms have distinguishing their products and services from those of their rivals is known as

The Internet acts as a distribution channel for many non-tangible goods and services.

Scientific improvements and innovations are examples of

Environmental scanning refers to the systematic analysis of a firm's social responsible activity related to environmental awareness.

How have attitudes toward responsible manufacturing and waste management practices affected industries.

How has the Internet affected service industries in the U.S.? What changes do you expect in the future.

"Clicks and bricks" refers to

The unconscious reference to one's own cultural values as a standard of judgment is known as cultural discrimination.

According to the notion of disaggregation and reaggregation,

Outsourcing refers to contracting out a firm's non-core,non-revenue-producing activities to other organizations primarily to reduce costs.

Outsourcing efforts can fail because

The decline in unit costs of a product or service that occurs as the absolute volume of production increases is known as

Fundamentals of Strategic Management

Industry Competition

External Environment: Political Economic Forces

Organization Mission Direction

Corporate-Level Strategies

Business Unit Strategies

Functional Strategies

Strategy Formulation

Strategy Execution-Organizational Structure

Strategy Execution: Strategic Change,culture Leadership

Strategic Control

Filters