Exam 3: The External Assessment

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Quantitative forecasts become less accurate as historical relationships become less stable.

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According to Michael Porter,what are the five competitive forces that create vital opportunities and threats for organizations? Which force do you feel is most important in the computer industry today? Why?

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Because of the Internet,barriers to personal and business success are

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As many managers and employees as possible should be involved in the process of performing an external audit.

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Economic factors do not have much impact on the attractiveness of strategies.

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Pepsi Bottling is the top beverage company in the U.S.

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Who are the world's longest- living people?

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Some countries that have petitioned to be admitted to the EU include

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In addition to liberalization,Arab executives have shown an interest in asking their respective governments to join the World Trade Organization and in protecting the environment.

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Within the European Union (EU),tax rates have been standardized to end competitive tax breaks among member countries.

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Social and demographic trends are not shaping the way the Arabs live,work,produce,and consume.

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is not part of an external audit.

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Discuss the process of performing an external audit.

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With about 60 percent of its population under 25 years of age,the Arab world is one of the most youthful regions in the world.

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Freund argues that key external factors must not be hierarchical.

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Freund emphasizes that key external factors should be all of these except

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Linear regression is based on the assumption that the future will be different from the past.

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A global strategy includes designing,producing,and marketing products with global needs in mind,instead of considering individual countries alone.

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In some Arab countries,companies that depend heavily on imports benefit greatly when the dollar falls against the yen and euro.

(True/False)
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According to Porter,what is usually the most powerful of the five competitive forces?

(Multiple Choice)
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