Question 1

In order to understand a firm's current and anticipated financial position and needs,we must first:

Accepted Answer

A) understand overall economic conditions. 
B) understand the industry in which it operates. 
C) understand the strengths and weaknesses of the firm itself. 
D) All of t he above. 
A) understand overall economic conditions. 
B) understand the industry in which it operates. 
C) understand the strengths and weaknesses of the firm itself. 
D) All of t he above.

Question 2

All of these social factors can give managers further insights into the opportunities and risks facing a particular industry EXCEPT:

Accepted Answer

A) aging of the population. 
B) new technology developments. 
C) greater health consciousness. 
D) obesity concerns. 
A) aging of the population. 
B) new technology developments. 
C) greater health consciousness. 
D) obesity concerns.

Question 3

The size and current growth stage of the firm must also be considered as a part of the marketing analysis.

Accepted Answer

A) True 
 B)False

Question 4

The ultimate goal of sizing up the industry is to:

Accepted Answer

A) identify the industry life cycle. 
B) identify the key success factors that are necessary for the firm to successfully compete in the industry. 
C) monitor the nature and intensity of the competition. 
D) All of the above. 
A) identify the industry life cycle. 
B) identify the key success factors that are necessary for the firm to successfully compete in the industry. 
C) monitor the nature and intensity of the competition. 
D) All of the above.

Question 5

Information for the sizing-up process for publicly traded firms can be obtained from:

Accepted Answer

A) the firm's annual report. 
B) the firm's 10-K report filed with the Securities & Exchange Commission. 
C) industry reports. 
D) All of the above. 
A) the firm's annual report. 
B) the firm's 10-K report filed with the Securities & Exchange Commission. 
C) industry reports. 
D) All of the above.

Question 6

Sizing up human resource management involves:

Accepted Answer

A) identifying the firm's strengths and weaknesses related to human resource management. 
B) an external assessment of the industry. 
C) an internal assessment of the firm's strengths and weaknesses. 
D) None of the above. 
A) identifying the firm's strengths and weaknesses related to human resource management. 
B) an external assessment of the industry. 
C) an internal assessment of the firm's strengths and weaknesses. 
D) None of the above.

Question 7

The overall goal in sizing up each of the external and internal factors is to:

Accepted Answer

A) determine the competitive position of the firm relative to its competitors. 
B) increase the value of the enterprise. 
C) assess the company's strengths and weaknesses. 
D) make better investment decisions. 
A) determine the competitive position of the firm relative to its competitors. 
B) increase the value of the enterprise. 
C) assess the company's strengths and weaknesses. 
D) make better investment decisions.

Question 8

What are the goals of the Federal Reserve and how does the Federal Reserve attempt to control inflation"? Why is low and steady inflation important?

Accepted Answer

The Fed's primary goals are to maintain

Question 9

Which of the following would NOT be considered part of an EXTERNAL analysis for a business?

Accepted Answer

A) Estimated Growth of GDP 
B) Federal Reserve monetary policy 
C) Expected growth of the firm's industry segment 
D) An analysis of the firm's operations management 
A) Estimated Growth of GDP 
B) Federal Reserve monetary policy 
C) Expected growth of the firm's industry segment 
D) An analysis of the firm's operations management

Question 10

If the firm's management is assessing the economics of their business model,they are engaged in which of the four areas of human resources management?

Accepted Answer

A) Business intelligence? 
B) Strategic intelligence 
C) Organizational intelligence 
D) People intelligence 
A) Business intelligence? 
B) Strategic intelligence 
C) Organizational intelligence 
D) People intelligence

Question 11

The strategic and tactical choices that a firm makes lead to the firm's marketing mix which is referred to as the Four P's of Marketing.They are:

Accepted Answer

A) distinguishing between who buys the product and who consumes it. 
B) determining the channel through which the product or service is purchased. 
C) assessing the firm's plant capacities. 
D) determining the unique features of the target market. 
A) distinguishing between who buys the product and who consumes it. 
B) determining the channel through which the product or service is purchased. 
C) assessing the firm's plant capacities. 
D) determining the unique features of the target market.

Question 12

Value proposition refers to:

Accepted Answer

A) a statement that describes the benefits of the firm's products and services. 
B) a statement that describes the unique features of the firm's products and services. 
C) a statement that describes why a specific target customer should choose the firm's products or use its services. 
D) None of the above. 
A) a statement that describes the benefits of the firm's products and services. 
B) a statement that describes the unique features of the firm's products and services. 
C) a statement that describes why a specific target customer should choose the firm's products or use its services. 
D) None of the above.

Question 13

The focus of the analysis of human resource management and strategy is on:

Accepted Answer

A) the skills and knowledge level of the firm's employees. 
B) the capabilities and character of the management team. 
C) the capabilities and potential of the firm's employees. 
D) All of the above. 
A) the skills and knowledge level of the firm's employees. 
B) the capabilities and character of the management team. 
C) the capabilities and potential of the firm's employees. 
D) All of the above.

Question 14

If the firm's management is assessing the opportunities and risks that a business faces,they are engaged in which of the four areas of human resource management?

Accepted Answer

A) Business intelligence 
B) Strategic intelligence 
C) Organizational intelligence 
D) People intelligence 
A) Business intelligence 
B) Strategic intelligence 
C) Organizational intelligence 
D) People intelligence

Question 15

Gross domestic product product (GDP)is a measure of:

Accepted Answer

A) the total amount of goods and services sold over a particular period of time. 
B) the total amount of goods and services produced over a particular period of time. 
C) the projected amount of goods and services to be produced over a particular period of time. 
D) None of the above. 
A) the total amount of goods and services sold over a particular period of time. 
B) the total amount of goods and services produced over a particular period of time. 
C) the projected amount of goods and services to be produced over a particular period of time. 
D) None of the above.

Question 16

Which of the following is NOT a question related to the analysis of the overall economy?

Accepted Answer

A) What is the current business cycle stage? 
B) How profitable is the industry cycle? 
C) How important are interest rates in the financial position of the firm within the industry? 
D) How easy is it to obtain debt and equity financing? 
A) What is the current business cycle stage? 
B) How profitable is the industry cycle? 
C) How important are interest rates in the financial position of the firm within the industry? 
D) How easy is it to obtain debt and equity financing?

Question 17

Which one of the following statements is true?

Accepted Answer

A) Plant or facilities management involves ensuring sufficient capacity or maximum output is available. 
B) People or labor management involves hiring and maintenance of a sufficiently skilled work force. 
C) Parts or inventory management involves tradeoffs between maintaining huge amounts of inventory to ensure any demand for the product can be readily met and the costs associated with maintaining huge amounts of inventory. 
D) All of the above. 
A) Plant or facilities management involves ensuring sufficient capacity or maximum output is available. 
B) People or labor management involves hiring and maintenance of a sufficiently skilled work force. 
C) Parts or inventory management involves tradeoffs between maintaining huge amounts of inventory to ensure any demand for the product can be readily met and the costs associated with maintaining huge amounts of inventory. 
D) All of the above.

Question 18

Which of the following is NOT considered to be a factor that affects the external environment in which a firm operates?

Accepted Answer

A) Interest rates 
B) Credit conditions 
C) Dividend policy 
D) Expansion and recession of the economy 
A) Interest rates 
B) Credit conditions 
C) Dividend policy 
D) Expansion and recession of the economy

Question 19

An analysis of the industry's technological improvements can help managers better identify which of these trends are occurring within a particular industry?

Accepted Answer

A) Major efficiency gains. 
B) Reductions in overhead 
C) Lower production costs 
D) All of the above 
A) Major efficiency gains. 
B) Reductions in overhead 
C) Lower production costs 
D) All of the above

Question 20

What are the three shapes of the yield curve that tend to be associated with different stages of the business cycle? How would you categorize the current business cycle? Explain your answer.

Accepted Answer

Periods of expansion are associated with

In order to understand a firm's current and anticipated financial position and needs,we must first:

All of these social factors can give managers further insights into the opportunities and risks facing a particular industry EXCEPT:

The size and current growth stage of the firm must also be considered as a part of the marketing analysis.

The ultimate goal of sizing up the industry is to:

Information for the sizing-up process for publicly traded firms can be obtained from:

Sizing up human resource management involves:

The overall goal in sizing up each of the external and internal factors is to:

What are the goals of the Federal Reserve and how does the Federal Reserve attempt to control inflation"? Why is low and steady inflation important?

Which of the following would NOT be considered part of an EXTERNAL analysis for a business?

If the firm's management is assessing the economics of their business model,they are engaged in which of the four areas of human resources management?

The strategic and tactical choices that a firm makes lead to the firm's marketing mix which is referred to as the Four P's of Marketing.They are:

Value proposition refers to:

The focus of the analysis of human resource management and strategy is on:

If the firm's management is assessing the opportunities and risks that a business faces,they are engaged in which of the four areas of human resource management?

Gross domestic product product (GDP)is a measure of:

Which of the following is NOT a question related to the analysis of the overall economy?

Which one of the following statements is true?

Which of the following is NOT considered to be a factor that affects the external environment in which a firm operates?

An analysis of the industry's technological improvements can help managers better identify which of these trends are occurring within a particular industry?

What are the three shapes of the yield curve that tend to be associated with different stages of the business cycle? How would you categorize the current business cycle? Explain your answer.

Overview of Financial Management

Understanding Financial Statements

Measuring Financial Performance

Managing Day-To-Day Cash Flow

Projecting Financial Requirements and Managing Growth

Time Value of Money Basics and Applications

Making Investment Decisions

Overview of Capital Markets: Long-Term Financing Instruments

Assessing the Cost of Capital: What Return Investors Require

Understanding Financing and Payout Decisions

Designing an Optimal Capital Structure

Measuring and Creating Value

Comprehensive Case Study: Wal-Mart Stores,inc

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Exam 2: Sizing up a Business: a Non-Financial Perspective

In order to understand a firm's current and anticipated financial position and needs,we must first:

All of these social factors can give managers further insights into the opportunities and risks facing a particular industry EXCEPT:

The size and current growth stage of the firm must also be considered as a part of the marketing analysis.

The ultimate goal of sizing up the industry is to:

Information for the sizing-up process for publicly traded firms can be obtained from:

Sizing up human resource management involves:

The overall goal in sizing up each of the external and internal factors is to:

What are the goals of the Federal Reserve and how does the Federal Reserve attempt to control inflation"? Why is low and steady inflation important?

Which of the following would NOT be considered part of an EXTERNAL analysis for a business?

If the firm's management is assessing the economics of their business model,they are engaged in which of the four areas of human resources management?

The strategic and tactical choices that a firm makes lead to the firm's marketing mix which is referred to as the Four P's of Marketing.They are:

Value proposition refers to:

The focus of the analysis of human resource management and strategy is on:

If the firm's management is assessing the opportunities and risks that a business faces,they are engaged in which of the four areas of human resource management?

Gross domestic product product (GDP)is a measure of:

Which of the following is NOT a question related to the analysis of the overall economy?

Which one of the following statements is true?

Which of the following is NOT considered to be a factor that affects the external environment in which a firm operates?

An analysis of the industry's technological improvements can help managers better identify which of these trends are occurring within a particular industry?

What are the three shapes of the yield curve that tend to be associated with different stages of the business cycle? How would you categorize the current business cycle? Explain your answer.

Overview of Financial Management

Understanding Financial Statements

Measuring Financial Performance

Managing Day-To-Day Cash Flow

Projecting Financial Requirements and Managing Growth

Time Value of Money Basics and Applications

Making Investment Decisions

Overview of Capital Markets: Long-Term Financing Instruments

Assessing the Cost of Capital: What Return Investors Require

Understanding Financing and Payout Decisions

Designing an Optimal Capital Structure

Measuring and Creating Value

Comprehensive Case Study: Wal-Mart Stores,inc

Filters