Question 1

Which statement about business intelligence is least accurate?

Accepted Answer

A) Intelligence gathering is an unethical business practice. 
B) Running an intelligence program requires many computers and other resources. 
C) Running an intelligence program requires many people. 
D) Collecting intelligence about competitors violates antitrust laws. 
E) Business intelligence is equal to espionage. 
A) Intelligence gathering is an unethical business practice. 
B) Running an intelligence program requires many computers and other resources. 
C) Running an intelligence program requires many people. 
D) Collecting intelligence about competitors violates antitrust laws. 
E) Business intelligence is equal to espionage. E

Question 2

The aim of an external audit is to develop an exhaustive list of every possible factor that could influence the business.

Accepted Answer

A) True 
 B)False  False

Question 3

Five major categories of external variables are: 1)economic forces; 2)social and cultural forces; 3)political,governmental and legal forces; 4)technological forces; and 5)demographic forces.

Accepted Answer

A) True 
 B)False  False

Question 4

Identifying and evaluating key social,political,economic,technological and competitive trends and events are the main components of

Accepted Answer

A) formulating strategy. 
B) conducting an internal audit. 
C) implementing strategy. 
D) performing an external audit. 
E) developing an effective mission statement. 
A) formulating strategy. 
B) conducting an internal audit. 
C) implementing strategy. 
D) performing an external audit. 
E) developing an effective mission statement.

Question 5

In practice,critical technology decisions are too often delegated to lower organizational levels or are made without an understanding of their strategic implications.

Accepted Answer

A) True 
 B)False

Question 6

In 2050,approximately a quarter of the populations are expected to be aged 60 years and older in five Arab countries.

Accepted Answer

A) True 
 B)False

Question 7

If suppliers are unreliable or too costly,which of these strategies may be appropriate?

Accepted Answer

A) Concentric diversification 
B) Forward integration 
C) Backward integration 
D) Horizontal integration 
E) Market penetration 
A) Concentric diversification 
B) Forward integration 
C) Backward integration 
D) Horizontal integration 
E) Market penetration

Question 8

To perform an external audit,a company first must

Accepted Answer

A) perform an internal audit. 
B) get an approval from the Securities and Exchange Commission. 
C) gather competitive intelligence and information about external trends. 
D) hire a consultant to develop a comprehensive strategic plan. 
E) all of these 
A) perform an internal audit. 
B) get an approval from the Securities and Exchange Commission. 
C) gather competitive intelligence and information about external trends. 
D) hire a consultant to develop a comprehensive strategic plan. 
E) all of these

Question 9

Because companies are fearful of corporate espionage,cooperative agreements between competitors are becoming less popular.

Accepted Answer

A) True 
 B)False

Question 10

The international challenge faced by Arab corporations is twofold:

Accepted Answer

A) how to gain and maintain exports to other nations and how to defend domestic markets against imported goods. 
B) how to increase exports to other countries and how to increase imports from other countries. 
C) how to gain exports to other nations and enhance market share for imported goods in domestic markets. 
D) how to defend domestic markets against imported goods while minimizing exports. 
E) how to enhance imported goods in domestic markets and minimize exports to other nations. 
A) how to gain and maintain exports to other nations and how to defend domestic markets against imported goods. 
B) how to increase exports to other countries and how to increase imports from other countries. 
C) how to gain exports to other nations and enhance market share for imported goods in domestic markets. 
D) how to defend domestic markets against imported goods while minimizing exports. 
E) how to enhance imported goods in domestic markets and minimize exports to other nations.

Question 11

Significant barriers to entry are not always sufficient to keep some new firms from entering industries with higher- quality products,lower prices and substantial marketing resources.

Accepted Answer

A) True 
 B)False

Question 12

The bargaining power of consumers can be the most important force impacting competitive advantage.

Accepted Answer

A) True 
 B)False

Question 13

Intensity of competition in lower- return industries.

Accepted Answer

A) is highest 
B) is lowest 
C) fluctuates 
D) is non- existent 
E) is not important 
A) is highest 
B) is lowest 
C) fluctuates 
D) is non- existent 
E) is not important

Question 14

Which is an important sector of the economy for a number of Arab countries highly vulnerable to climate change?

Accepted Answer

A) Food production 
B) Paper 
C) Tourism 
D) Textiles 
E) Metals 
A) Food production 
B) Paper 
C) Tourism 
D) Textiles 
E) Metals

Question 15

Qualitative forecasts are most appropriate when historical data are available,and when the relationships among key variables are expected to remain the same in the future.

Accepted Answer

A) True 
 B)False

Question 16

Discuss the following statement: "Planning would be impossible without assumptions."

Accepted Answer

By identifying future occurrences that c

Question 17

What is the first step in designing an EFE Matrix?

Accepted Answer

A) Summing the weighted score for each competitor 
B) Identifying key external factors in the industry 
C) Calculating the sales of each competitor 
D) Determining four competitors 
E) Drawing the horizontal and vertical lines for the matrix 
A) Summing the weighted score for each competitor 
B) Identifying key external factors in the industry 
C) Calculating the sales of each competitor 
D) Determining four competitors 
E) Drawing the horizontal and vertical lines for the matrix

Question 18

To perform an external audit,a company first must gather competitive intelligence and information about social,cultural,demographic,environmental,economic,political,legal,governmental and technological trends.

Accepted Answer

A) True 
 B)False

Question 19

All Arab countries share a similar culture and have the same ethnic and religious beliefs.

Accepted Answer

A) True 
 B)False

Question 20

It is clear that different industries become domestic for different reasons.

Accepted Answer

A) True 
 B)False

Which statement about business intelligence is least accurate?

The aim of an external audit is to develop an exhaustive list of every possible factor that could influence the business.

Five major categories of external variables are: 1)economic forces; 2)social and cultural forces; 3)political,governmental and legal forces; 4)technological forces; and 5)demographic forces.

Identifying and evaluating key social,political,economic,technological and competitive trends and events are the main components of

In practice,critical technology decisions are too often delegated to lower organizational levels or are made without an understanding of their strategic implications.

In 2050,approximately a quarter of the populations are expected to be aged 60 years and older in five Arab countries.

If suppliers are unreliable or too costly,which of these strategies may be appropriate?

To perform an external audit,a company first must

Because companies are fearful of corporate espionage,cooperative agreements between competitors are becoming less popular.

The international challenge faced by Arab corporations is twofold:

Significant barriers to entry are not always sufficient to keep some new firms from entering industries with higher- quality products,lower prices and substantial marketing resources.

The bargaining power of consumers can be the most important force impacting competitive advantage.

Intensity of competition in lower- return industries.

Which is an important sector of the economy for a number of Arab countries highly vulnerable to climate change?

Qualitative forecasts are most appropriate when historical data are available,and when the relationships among key variables are expected to remain the same in the future.

Discuss the following statement: "Planning would be impossible without assumptions."

What is the first step in designing an EFE Matrix?

To perform an external audit,a company first must gather competitive intelligence and information about social,cultural,demographic,environmental,economic,political,legal,governmental and technological trends.

All Arab countries share a similar culture and have the same ethnic and religious beliefs.

It is clear that different industries become domestic for different reasons.

The Nature of Strategic Management

The Business Vision and Mission

The Internal Assessment

Competing in the Global Marketplace

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, financeaccounting, rd, and Mis Issues

Leadership and Culture

Strategy Review, eveluation, and Control

Filters

Exam 3: The External Assessment

Which statement about business intelligence is least accurate?

The aim of an external audit is to develop an exhaustive list of every possible factor that could influence the business.

Five major categories of external variables are: 1)economic forces; 2)social and cultural forces; 3)political,governmental and legal forces; 4)technological forces; and 5)demographic forces.

Identifying and evaluating key social,political,economic,technological and competitive trends and events are the main components of

In practice,critical technology decisions are too often delegated to lower organizational levels or are made without an understanding of their strategic implications.

In 2050,approximately a quarter of the populations are expected to be aged 60 years and older in five Arab countries.

If suppliers are unreliable or too costly,which of these strategies may be appropriate?

To perform an external audit,a company first must

Because companies are fearful of corporate espionage,cooperative agreements between competitors are becoming less popular.

The international challenge faced by Arab corporations is twofold:

Significant barriers to entry are not always sufficient to keep some new firms from entering industries with higher- quality products,lower prices and substantial marketing resources.

The bargaining power of consumers can be the most important force impacting competitive advantage.

Intensity of competition in lower- return industries.

Which is an important sector of the economy for a number of Arab countries highly vulnerable to climate change?

Qualitative forecasts are most appropriate when historical data are available,and when the relationships among key variables are expected to remain the same in the future.

Discuss the following statement: "Planning would be impossible without assumptions."

What is the first step in designing an EFE Matrix?

To perform an external audit,a company first must gather competitive intelligence and information about social,cultural,demographic,environmental,economic,political,legal,governmental and technological trends.

All Arab countries share a similar culture and have the same ethnic and religious beliefs.

It is clear that different industries become domestic for different reasons.

The Nature of Strategic Management

The Business Vision and Mission

The Internal Assessment

Competing in the Global Marketplace

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, financeaccounting, rd, and Mis Issues

Leadership and Culture

Strategy Review, eveluation, and Control

Filters