Question 1

The weights and total weighted scores in both a Competitive Profile Matrix and an EFE Matrix have the same meaning.

Accepted Answer

A) True 
 B)False

Question 2

Hawaii, California, and ________ already have no majority race or ethnic group.

Accepted Answer

A)  New York 
B)  New Jersey 
C)  New Hampshire 
D)  New Mexico 
E)  all of the above 
A)  New York 
B)  New Jersey 
C)  New Hampshire 
D)  New Mexico 
E)  all of the above

Question 3

Without assumptions, planning would be

Accepted Answer

A)  impossible. 
B)  easier. 
C)  difficult. 
D)  inexpensive. 
E)  intuitive. 
A)  impossible. 
B)  easier. 
C)  difficult. 
D)  inexpensive. 
E)  intuitive.

Question 4

What are the five major types of external forces that should be examined as part of an external audit? Give an example of each type of force.

Accepted Answer

External forces can be divided into five

Question 5

Which statement about business intelligence is accurate?

Accepted Answer

A)  Intelligence gathering is an unethical business practice. 
B)  Running an intelligence program requires many people. 
C)  Running an intelligence program requires many computers and other resources. 
D)  Collecting intelligence about competitors violates antitrust laws. 
E)  Business intelligence is not equal to espionage. 
A)  Intelligence gathering is an unethical business practice. 
B)  Running an intelligence program requires many people. 
C)  Running an intelligence program requires many computers and other resources. 
D)  Collecting intelligence about competitors violates antitrust laws. 
E)  Business intelligence is not equal to espionage.

Question 6

List three opportunities and three threats that could represent key factors facing your college or university.

Accepted Answer

The answer of List three opportunities and three threats that...

Question 7

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?

Accepted Answer

The first one is rivalry among competing

Question 8

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

Accepted Answer

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

Question 9

"Innovate or evaporate; particularly in technology-driven businesses, nothing quite recedes like success," is a characteristic that describes the most competitive companies in America.

Accepted Answer

A) True 
 B)False

Question 10

The Internet is changing the very nature of many industries by altering product life cycles and changing the historical trade-off between production standardization and flexibility.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is NOT a characteristic that describes the most competitive companies in America?

Accepted Answer

A)  Divestiture is essential to growth. 
B)  People make a difference. 
C)  Innovate or evaporate. 
D)  There is no substitute for quality and no greater threat than failing to be cost-competitive on a global basis. 
E)  Whether it's broke or not, fix it. 
A)  Divestiture is essential to growth. 
B)  People make a difference. 
C)  Innovate or evaporate. 
D)  There is no substitute for quality and no greater threat than failing to be cost-competitive on a global basis. 
E)  Whether it's broke or not, fix it.

Question 12

Competition in virtually all industries is ________.

Accepted Answer

A)  nonexistent 
B)  intense 
C)  never cutthroat 
D)  easily avoidable 
E)  insignificant 
A)  nonexistent 
B)  intense 
C)  never cutthroat 
D)  easily avoidable 
E)  insignificant

Question 13

Assumptions have no place in planning.

Accepted Answer

A) True 
 B)False

Question 14

Motor vehicle firms in the United States are vulnerable when the value of the dollar falls.

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A)  Marginal 
B)  Low 
C)  High 
D)  Negative 
E)  Negligible 
A)  Marginal 
B)  Low 
C)  High 
D)  Negative 
E)  Negligible

Question 16

Standard and Poor's Industry Surveys include all of the following sections EXCEPT

Accepted Answer

A)  Historic Environment 
B)  Industry Trends 
C)  How to Analyze a Company 
D)  Glossary of Industry Information 
E)  Comparative Company Financial Analysis 
A)  Historic Environment 
B)  Industry Trends 
C)  How to Analyze a Company 
D)  Glossary of Industry Information 
E)  Comparative Company Financial Analysis

Question 17

Discuss the I/O approach in relation to competitive advantage.

Accepted Answer

The I/O approach to competitive advantag

Question 18

Which of the following sectors of the economy would be most impacted by technological developments?

Accepted Answer

A)  Forestry 
B)  Aeronautics 
C)  Textiles 
D)  Metals 
E)  Paper 
A)  Forestry 
B)  Aeronautics 
C)  Textiles 
D)  Metals 
E)  Paper

Question 19

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

Accepted Answer

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

Question 20

More Americans are moving than staying in place.

Accepted Answer

A) True 
 B)False

The weights and total weighted scores in both a Competitive Profile Matrix and an EFE Matrix have the same meaning.

Hawaii, California, and ________ already have no majority race or ethnic group.

Without assumptions, planning would be

What are the five major types of external forces that should be examined as part of an external audit? Give an example of each type of force.

Which statement about business intelligence is accurate?

List three opportunities and three threats that could represent key factors facing your college or university.

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?

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

"Innovate or evaporate; particularly in technology-driven businesses, nothing quite recedes like success," is a characteristic that describes the most competitive companies in America.

The Internet is changing the very nature of many industries by altering product life cycles and changing the historical trade-off between production standardization and flexibility.

Which of the following is NOT a characteristic that describes the most competitive companies in America?

Competition in virtually all industries is ________.

Assumptions have no place in planning.

Motor vehicle firms in the United States are vulnerable when the value of the dollar falls.

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

Standard and Poor's Industry Surveys include all of the following sections EXCEPT

Discuss the I/O approach in relation to competitive advantage.

Which of the following sectors of the economy would be most impacted by technological developments?

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

More Americans are moving than staying in place.

The Nature of Strategic Management

The Business Vision and Mission

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Financeaccounting, RD, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

Filters

Exam 3: The External Assessment

The weights and total weighted scores in both a Competitive Profile Matrix and an EFE Matrix have the same meaning.

Hawaii, California, and ________ already have no majority race or ethnic group.

Without assumptions, planning would be

What are the five major types of external forces that should be examined as part of an external audit? Give an example of each type of force.

Which statement about business intelligence is accurate?

List three opportunities and three threats that could represent key factors facing your college or university.

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?

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

"Innovate or evaporate; particularly in technology-driven businesses, nothing quite recedes like success," is a characteristic that describes the most competitive companies in America.

The Internet is changing the very nature of many industries by altering product life cycles and changing the historical trade-off between production standardization and flexibility.

Which of the following is NOT a characteristic that describes the most competitive companies in America?

Competition in virtually all industries is ________.

Assumptions have no place in planning.

Motor vehicle firms in the United States are vulnerable when the value of the dollar falls.

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

Standard and Poor's Industry Surveys include all of the following sections EXCEPT

Discuss the I/O approach in relation to competitive advantage.

Which of the following sectors of the economy would be most impacted by technological developments?

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

More Americans are moving than staying in place.

The Nature of Strategic Management

The Business Vision and Mission

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Operations Issues

Implementing Strategies: Marketing, Financeaccounting, RD, and MIS Issues

Strategy Review, Evaluation, and Control

Business Ethicssocial Responsibilityenvironmental Sustainability

Globalinternational Issues

Filters