Question 1

Market commonality is the extent to which the type and amount of a firm's internal resources are comparable to a rival.

Accepted Answer

A) True 
 B)False

Question 2

Internal opportunities can be represented by major competitors' weaknesses.

Accepted Answer

A) True 
 B)False

Question 3

Without reasonable assumptions,the strategy- formulation process could not proceed effectively.

Accepted Answer

A) True 
 B)False

Question 4

Which country is Japan's largest trading partner?

Accepted Answer

A) China 
B) U.S. 
C) Germany 
D) UAE 
E) U.K. 
A) China 
B) U.S. 
C) Germany 
D) UAE 
E) U.K.

Question 5

Generally,at the present time,a high worldwide demand for generates more revenue for Arab countries and allows these countries to invest in various economic sectors.

Accepted Answer

A) diamond 
B) food 
C) steel 
D) oil 
E) gold 
A) diamond 
B) food 
C) steel 
D) oil 
E) gold

Question 6

An effective CI program allows all areas of a firm to access consistent and verifiable information in making decisions.

Accepted Answer

A) True 
 B)False

Question 7

Linear regression is a popular technique for qualitative forecasts.

Accepted Answer

A) True 
 B)False

Question 8

Which company has survived as a manufacturer of inexpensive audio products by centralizing its world production in Singapore?

Accepted Answer

A) Philips 
B) General Electric 
C) Hewlett-Packard 
D) Sony 
E) Panasonic 
A) Philips 
B) General Electric 
C) Hewlett-Packard 
D) Sony 
E) Panasonic

Question 9

In 2010,which company had the dominant market share in the beverages industry?

Accepted Answer

A) Molson Brewing 
B) Coca- Cola Enterprises 
C) Dr Pepper Snapple Group 
D) PepsiCo 
E) Coca Cola 
A) Molson Brewing 
B) Coca- Cola Enterprises 
C) Dr Pepper Snapple Group 
D) PepsiCo 
E) Coca Cola

Question 10

Which Arab country or territory will have the highest percentage of population aged 60 years and older as of 2050 ?

Accepted Answer

A) Bahrain 
B) UAE 
C) Sudan 
D) Kuwait 
E) Comoros 
A) Bahrain 
B) UAE 
C) Sudan 
D) Kuwait 
E) Comoros

Question 11

Which of the following was a small village in the 1960s and is now a thriving world city?

Accepted Answer

A) Dubai 
B) Abu Dhabi 
C) Jeddah 
D) Muscat 
E) Manama 
A) Dubai 
B) Abu Dhabi 
C) Jeddah 
D) Muscat 
E) Manama

Question 12

What is the range for a firm's total weighted score in an External Factor Evaluation Matrix?

Accepted Answer

A) 1 to 4 
B) 1 to 5 
C) 0 to 5 
D) 0 to 10 
E) 0 to 4 
A) 1 to 4 
B) 1 to 5 
C) 0 to 5 
D) 0 to 10 
E) 0 to 4

Question 13

The effect of trends in the dollar's value on companies in different industries and in different locations are

Accepted Answer

A) marginal and equal. 
B) significant and unequal. 
C) neglibible. 
D) significant and equal. 
E) insignificant and unequal. 
A) marginal and equal. 
B) significant and unequal. 
C) neglibible. 
D) significant and equal. 
E) insignificant and unequal.

Question 14

When an industry relies heavily on government contracts,which forecasts can be the most important part of an external audit?

Accepted Answer

A) Political 
B) Technological 
C) Competitive 
D) Multinational 
E) Economic 
A) Political 
B) Technological 
C) Competitive 
D) Multinational 
E) Economic

Question 15

Keeping strategies secret from employees and stakeholders can do all of the following except

Accepted Answer

A) inhibit employee and stakeholder understanding. 
B) inhibit employee and stakeholder commitment. 
C) inhibit employee and stakeholder communication. 
D) provide competitive advantage to competitors. 
E) forego valuable employee or stakeholder input. 
A) inhibit employee and stakeholder understanding. 
B) inhibit employee and stakeholder commitment. 
C) inhibit employee and stakeholder communication. 
D) provide competitive advantage to competitors. 
E) forego valuable employee or stakeholder input.

Question 16

What level of bargaining power do consumers have when the products being purchased are standard or undifferentiated?

Accepted Answer

A) High 
B) Marginal 
C) Not necessary 
D) Low 
E) Negative 
A) High 
B) Marginal 
C) Not necessary 
D) Low 
E) Negative

Question 17

List five steps that comprise an effective framework for conducting an EFE Matrix.Explain the details involved in performing any one of the steps.

Accepted Answer

sum the weighted scores for ea

Question 18

According to I/O theorists,which of the following contributes least to firm performance?

Accepted Answer

A) Barriers to market entry 
B) Economies of scale 
C) Level of competitiveness 
D) Internal resources 
E) Product differentiation 
A) Barriers to market entry 
B) Economies of scale 
C) Level of competitiveness 
D) Internal resources 
E) Product differentiation

Question 19

The term used to describe the systematic and ethical process for gathering and analyzing information about the competition's activities and general trends to further a business' own goals is

Accepted Answer

A) artificial intelligence. 
B) information sharing. 
C) unethical business practice. 
D) competitive advantage. 
E) competitive intelligence. 
A) artificial intelligence. 
B) information sharing. 
C) unethical business practice. 
D) competitive advantage. 
E) competitive intelligence.

Question 20

Older population segments are especially interested in

Accepted Answer

A) travel and leisure. 
B) health care. 
C) financial servoces. 
D) crime prevention. 
E) All the above. 
A) travel and leisure. 
B) health care. 
C) financial servoces. 
D) crime prevention. 
E) All the above.

Market commonality is the extent to which the type and amount of a firm's internal resources are comparable to a rival.

Internal opportunities can be represented by major competitors' weaknesses.

Without reasonable assumptions,the strategy- formulation process could not proceed effectively.

Which country is Japan's largest trading partner?

Generally,at the present time,a high worldwide demand for generates more revenue for Arab countries and allows these countries to invest in various economic sectors.

An effective CI program allows all areas of a firm to access consistent and verifiable information in making decisions.

Linear regression is a popular technique for qualitative forecasts.

Which company has survived as a manufacturer of inexpensive audio products by centralizing its world production in Singapore?

In 2010,which company had the dominant market share in the beverages industry?

Which Arab country or territory will have the highest percentage of population aged 60 years and older as of 2050 ?

Which of the following was a small village in the 1960s and is now a thriving world city?

What is the range for a firm's total weighted score in an External Factor Evaluation Matrix?

The effect of trends in the dollar's value on companies in different industries and in different locations are

When an industry relies heavily on government contracts,which forecasts can be the most important part of an external audit?

Keeping strategies secret from employees and stakeholders can do all of the following except

What level of bargaining power do consumers have when the products being purchased are standard or undifferentiated?

List five steps that comprise an effective framework for conducting an EFE Matrix.Explain the details involved in performing any one of the steps.

According to I/O theorists,which of the following contributes least to firm performance?

The term used to describe the systematic and ethical process for gathering and analyzing information about the competition's activities and general trends to further a business' own goals is

Older population segments are especially interested in

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

Market commonality is the extent to which the type and amount of a firm's internal resources are comparable to a rival.

Internal opportunities can be represented by major competitors' weaknesses.

Without reasonable assumptions,the strategy- formulation process could not proceed effectively.

Which country is Japan's largest trading partner?

Generally,at the present time,a high worldwide demand for generates more revenue for Arab countries and allows these countries to invest in various economic sectors.

An effective CI program allows all areas of a firm to access consistent and verifiable information in making decisions.

Linear regression is a popular technique for qualitative forecasts.

Which company has survived as a manufacturer of inexpensive audio products by centralizing its world production in Singapore?

In 2010,which company had the dominant market share in the beverages industry?

Which Arab country or territory will have the highest percentage of population aged 60 years and older as of 2050 ?

Which of the following was a small village in the 1960s and is now a thriving world city?

What is the range for a firm's total weighted score in an External Factor Evaluation Matrix?

The effect of trends in the dollar's value on companies in different industries and in different locations are

When an industry relies heavily on government contracts,which forecasts can be the most important part of an external audit?

Keeping strategies secret from employees and stakeholders can do all of the following except

What level of bargaining power do consumers have when the products being purchased are standard or undifferentiated?

List five steps that comprise an effective framework for conducting an EFE Matrix.Explain the details involved in performing any one of the steps.

According to I/O theorists,which of the following contributes least to firm performance?

The term used to describe the systematic and ethical process for gathering and analyzing information about the competition's activities and general trends to further a business' own goals is

Older population segments are especially interested in

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