Exam 5: Evaluating Opportunities in the Changing Market Environment

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The Clayton Act is concerned with ________.

(Multiple Choice)
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According to projections,the population of ________ is likely to grow by 9 percent between 2013 and 2025.

(Multiple Choice)
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Product-market screening criteria should be:

(Multiple Choice)
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Most industrial products tend to be near the "insensitive" end of the continuum of environmental sensitivity.

(True/False)
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Low consumer spending and a lack of adequate financing are conditions that arise mostly due to factors in:

(Multiple Choice)
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The major shortcoming of competitor analysis is that it focuses on the weaknesses of competitors-but ignores their strengths.

(True/False)
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Identify the incorrect statement about population density and population growth.

(Multiple Choice)
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The "continuum of environmental sensitivity" suggests that industrial products are more sensitive to the cultural environments in which they are placed than high-style consumer products.

(True/False)
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Trying to maximize short-run return on investment may not be compatible with a company's other objectives.

(True/False)
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Setting objectives and strategies for the whole company is a job performed by the company's ________.

(Multiple Choice)
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The "continuum of environmental sensitivity" suggests that:

(Multiple Choice)
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The total market value of goods and services provided in a country's economy per year by both residents and nonresidents of that country is ________.

(Multiple Choice)
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Of the following objectives,the LAST objective(s)that a firm should specify is its ______________ objective(s).

(Multiple Choice)
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Pill Makers Pharmaceuticals extensively tests all of its drugs to assure that it follows the ____.

(Multiple Choice)
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The attitudes and behavior patterns of people are part of the

(Multiple Choice)
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The median age in the United States increased from 30 in 1980 to 37 in 2010.

(True/False)
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The Sherman Act was ________.

(Multiple Choice)
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There are over 316 million people living in the United States.

(True/False)
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The marketing manager for a financial services firm knows that customer preferences for mutual funds and bond accounts will differ depending on the current interest rate.She must plan her offerings with the ________ environment in mind.

(Multiple Choice)
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The Clayton Act focuses on practices which may substantially lessen competition-such as tying contracts,exclusive dealing contracts and price discrimination by manufacturers.

(True/False)
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