Exam 2: Analyzing the External Environment of the Firm Creating Competitive Advantages

________ tracks the evolution of environmental trends, sequences of events, or streams of activities.

In most industries, new entrants will not be a threat because the Internet lowers entry barriers.

The Dodd-Frank Wall Street Reform and Consumer Protection Act require companies to disclose whether any tin, tantalum, tungsten or gold in their supply chain is connected to violent militia groups in the Congo or nine surrounding countries, including Angola, Rwanda, and Sudan. This is an example of which segment of the general environment?

Companies that are able to spot key trends in the environment know their business and most importantly know their

Which of the following websites is not an example of one used routinely for corporate competitive intelligence gathering?

How do infomediaries and consumer information websites increase the intensity of competitive rivalry?

Which of the following is not a correct usage of the SWOT framework?

Genetic engineering has had a positive impact on the pharmaceutical industry. This is an example of which type of general environmental trend?

Which of the following statements about strategic groups is false?

The five-forces model helps to determine both the nature of competition in an industry and the profit potential for the industry.

Salemi Industries launched Cell Zone unsuccessfully in 2005 because it did not understand the market demand for its new product. This is an example of

The aging of the population, changes in ethnic composition, and effects of the millennial generation are ________ changes.

Banks and airlines are examples of two industries that track competitor offers continually. This is called the process of gathering

Environmental analysis requires continual questioning of all these assumptions except

Larger numbers of women entering the work force since the early 1970s is an example of

Which of the following firms would likely pose the least competitive threat?

Environmental forecasting does not involve plausible projections about the ________ of environmental change.

Scenario planning is a useful technique for firms competing in industries characterized by ________ and ________.

Nintendo built a security chip into its game console hardware and then licensed the right to develop games to outside firms. These firms paid a royalty to Nintendo for each copy of thegame sold. This is an example of Nintendo using ________ products.

The bargaining power of suppliers is enhanced under which following market condition?