Exam 3: Analysing the External Environment

Which of the following statements is true regarding competitive positioning of strategic groups?

A local council can be treated as a geographic monopoly in competition with other geographic monopoly councils for funds from the common provider.

The diamond model framework highlights the role of government.

An industry is defined as a group of organisations producing close substitutes.

Industry life cycles are not similar to product life cycles.

'Analysis of the macro-environment is a waste of time and effort for all but the largest corporations.' Discuss the relevance of this observation.

In an industry analysis in the public sector it is NOT relevant to ask:

Porter claims that ___ contribute(s)to intensity of industry rivalry:

Scenario planning is of most use in industries where there is:

In understanding key customers,it is NOT relevant to know:

What are the benefits of scenario planning as an alternative to the five forces model?

The five forces model is a useful tool of analysing an industry.Briefly discuss the five forces.

Using the five forces model,explain when industry profitability will be very high.

Porter's 'diamond' model of international competitiveness suggests that where firms cluster,analysis may need to be conducted at:

Today,business organisations globally are facing increased pressures to improve their:

When is the five forces model most appropriate for not-for-profit organizations? Discuss.

Porter's 'five forces' do NOT include:

Why should the concept of an industry also include a geographic element,as well as the group of organizations that define it?

Turbulence that is characterised as discontinuous is:

Not many countries are affected by major technology changes.