Exam 3: Assessing Opportunities and Threats: Doing an External Analysis

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Front-line employees or operational level employees are viewed as being on the "firing line" and are often the last to hear comments from people outside the organization.

(True/False)
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In thinking about the various laws that affect organizations, Mr. Perry should be most concerned about which of the following laws?

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A challenge in conducting an external analysis is that

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An external analysis is the process of scanning and evaluating an organization's various external environmental sectors to determine positive and negative trends that could impact on organizational performance.

(True/False)
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Which of the following would be considered substitute products?

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Discuss the major barriers to entry.

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The key is to make the external analysis process as ________ and ________ as possible.

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Which of the following would be examples of sectors that could be found in the specific environment?

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The one-time costs facing the buyer who switches from one supplier's product to another's is

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As an open system, an organization ________ and ________ its external environment.

(Multiple Choice)
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Government policy is a potential barrier to entry because of

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Demographic information can be obtained from all of the following sources except

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Substitute products can be found in the same industry.

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An open system is one that interacts with and responds to its external environment.

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A buyer will have less bargaining power if all of the following factors apply except

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An example of a strategic group would be all of the following except

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In an external analysis, the primary role of the middle manager is to

(Multiple Choice)
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Managing ________ is an ongoing process.

(Multiple Choice)
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One challenge of conducting an external analysis is

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One of the significant legislative acts affecting organizations is

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