Exam 2: Analyzing the External Environment of the Firm: Creating Competitive Advantages
Exam 1: Strategic Management: Creating Competitive Advantages174 Questions
Exam 2: Analyzing the External Environment of the Firm: Creating Competitive Advantages173 Questions
Exam 3: Assessing the Internal Environment of the Firm174 Questions
Exam 4: Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources173 Questions
Exam 5: Business-Level Strategy: Creating and Sustaining Competitive Advantages163 Questions
Exam 6: Corporate-Level Strategy: Creating Value Through Diversification114 Questions
Exam 7: International Strategy: Creating Value in Global Markets140 Questions
Exam 8: Entrepreneurial Strategy and Competitive Dynamics115 Questions
Exam 9: Strategic Control and Corporate Governance116 Questions
Exam 10: Creating Effective Organizational Designs121 Questions
Exam 11: Strategic Leadership: Creating a Learning Organization and an Ethical Organization139 Questions
Exam 12: Managing Innovation and Fostering Corporate Entrepreneurship121 Questions
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There is generally a weak relationship between equity markets (e.g., New York Stock Exchange) and economic indicators.
(True/False)
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Because of the Internet and digital technologies, it is very difficult for suppliers to create purchasing techniques that lower switching costs.
(True/False)
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New communication technology can impact seemingly unrelated industries such as the airline industry. This would be an example of a
(Multiple Choice)
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Scanning the general environment would identify information on
(Multiple Choice)
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Lowes has found that women prefer to do larger home-improvement projects with a man, whether a boyfriend, husband, or neighbor. As a result, in addition to its recipe card classes (that explain various projects that take only one weekend), Lowes offers co-ed store clinics for projects like sink installation. This is an example of which segment of the general environment?
(Multiple Choice)
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The strategic groups concept is valuable for identifying groups with marginal competitive positions.
(True/False)
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The opportunities and threats of a SWOT analysis refer to the internal conditions of the firm.
(True/False)
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Environmental scanning and competitor intelligence provide important inputs for forecasting activities.
(True/False)
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Which of the following would not lead a manager to believe that an ethical concern exists?
(Multiple Choice)
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Competitive intelligence generally does not benefit very much from gathering information on competitors from sources in the public domain.
(True/False)
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Interest-rate increases have a __________ impact on the residential home construction industry and a __________ effect on industries that produce consumer necessities such as prescription drugs or basic grocery items.
(Multiple Choice)
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The aging of the population, changes in ethnic composition, and effects of the baby boom are __________ changes.
(Multiple Choice)
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Keeping track of competitors has become more difficult today with the amount of information that is available on the Internet.
(True/False)
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Michael Porter's five-forces Analysis is a dynamic tool for analyzing industry attractiveness.
(True/False)
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In conducting a good industry analysis that will yield an improved understanding of the root causes of profitability, rigorous quantification of the five forces is not necessary.
(True/False)
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Environmental analysis requires continual questioning of all of these assumptions except
(Multiple Choice)
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