Exam 4: Exploring the External Environment: Macro Industry and Dynamics

Carbonated beverages such as Coke and Pepsi are brought to market after four functions have been performed. These functions include all but which of the following?

(Multiple Choice)

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Question 21

Issues that confront a firm but are not found in the macro environment are ________.

(Multiple Choice)

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Question 22

In a truly global industry, the core product is diversified.

(True/False)

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Question 23

A subset of firms that compete against each other more intensely than with other firms in the industry are called ________.

(Multiple Choice)

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Question 24

Process technologies refer to the devices, tools, and ________ used to transform inputs into outputs.

(Multiple Choice)

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Question 25

Managers must remain focused on firm-specific characteristics when conducting industry analysis.

(True/False)

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Question 26

Globalization has been stimulated in the cell-phone industry as a result of the problem of multiple standards and the entry of large global competitors into the market.

(True/False)

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Question 27

An industry that is dominated by a few large firms is called a monopoly.

(True/False)

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Question 28

The U.S. Department of Transportation categorizes the airline industry into groups that include all but which of the following?

(Multiple Choice)

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Question 29

An analysis of market, cost, government, and competition factors can help determine if a market has globalized or is in the process of globalizing.

(True/False)

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Question 30

What are some possible explanations for the increasing globalization of industries?

(Essay)

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Question 31

Which of the following is characteristic of an industry that is experiencing commoditization?

(Multiple Choice)

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Question 32

Profitability varies widely from industry to industry.

(True/False)

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Question 33

Legal factors must be considered when performing an analysis of a firm's external environment. Common factors include the ease with which regulations can change, the cost of regulatory compliance, and ________.

(Multiple Choice)

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Question 34

PESTEL is an acronym for political, economic, sociocultural, technological, environmental, and legal context(s) in which a firm operates.

(True/False)

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Question 35

When once-distinct industries come together, they form conglomerates. All but which of the following companies are not conglomerates?

(Multiple Choice)

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Question 36

Governments can make policies that can help or hinder globalization. Examples of decisions that have resulted in a hindrance to globalization include all but which of the following?

(Multiple Choice)

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Question 37

What is supplier power and why is it important?

(Essay)

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Question 38

Managers can learn which strategies are rewarded most profitably by studying the industry.

(True/False)

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Question 39

The industry-wide effect of the five forces will determine industry attractiveness.

(True/False)

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Question 40

Showing 21 - 40 of 196

Carbonated beverages such as Coke and Pepsi are brought to market after four functions have been performed. These functions include all but which of the following?

Issues that confront a firm but are not found in the macro environment are ________.

In a truly global industry, the core product is diversified.

A subset of firms that compete against each other more intensely than with other firms in the industry are called ________.

Process technologies refer to the devices, tools, and ________ used to transform inputs into outputs.

Managers must remain focused on firm-specific characteristics when conducting industry analysis.

Globalization has been stimulated in the cell-phone industry as a result of the problem of multiple standards and the entry of large global competitors into the market.

An industry that is dominated by a few large firms is called a monopoly.

The U.S. Department of Transportation categorizes the airline industry into groups that include all but which of the following?

An analysis of market, cost, government, and competition factors can help determine if a market has globalized or is in the process of globalizing.

What are some possible explanations for the increasing globalization of industries?

Which of the following is characteristic of an industry that is experiencing commoditization?

Profitability varies widely from industry to industry.

Legal factors must be considered when performing an analysis of a firm's external environment. Common factors include the ease with which regulations can change, the cost of regulatory compliance, and ________.

PESTEL is an acronym for political, economic, sociocultural, technological, environmental, and legal context(s) in which a firm operates.

When once-distinct industries come together, they form conglomerates. All but which of the following companies are not conglomerates?

Governments can make policies that can help or hinder globalization. Examples of decisions that have resulted in a hindrance to globalization include all but which of the following?

What is supplier power and why is it important?

Managers can learn which strategies are rewarded most profitably by studying the industry.

The industry-wide effect of the five forces will determine industry attractiveness.

Introducing Strategic Management

Leading Strategically Through Effective Vision and Mission

Examining the Internal Environment: Resources

Creating Business Strategies

Crafting Business Strategy of Dynamic Contexts

Developing Corporate Strategy

Looking at International Strategies

Understanding Alliances and Cooperative Strategies

Studying Merges and Acquisitions

Organizational Structure, Systems, and Processes

Considering New Ventures and Corporate Renewal

Corporate Governance in the Twenty-First Century

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