Exam 3: The External Assessment

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What level of bargaining power do consumers have when the products being purchased are standard or undifferentiated?

(Multiple Choice)
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The Business Roundtable, a group of 10 CEOs, are pressuring the government to reduce the limits on greenhouse-gas emissions.

(True/False)
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Internal opportunities can be represented by major competitors' weaknesses.

(True/False)
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Learning from the partner is a major reason why ______ firms enter into cooperative agreements.

(Multiple Choice)
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Which of the following is a process of worldwide integration of strategy formulation, implementation and evaluation activities?

(Multiple Choice)
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Which state is leading the way in pushing for higher environmental standards?

(Multiple Choice)
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A low value of the dollar means lower exports and higher imports.

(True/False)
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It is predicted that, by 2025, over 18% of the population in the United States will be over 65 years old.

(True/False)
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Which statement about business intelligence is least accurate?

(Multiple Choice)
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According to Business Week, there are less than 500 corporate spies now actively engaged in intelligence activities.

(True/False)
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The international challenge faced by U.S. business is twofold:

(Multiple Choice)
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Recent consumption trends in the United States indicate that wine consumption is increasing at 5% while beer consumption is increasing at 10%.

(True/False)
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What are educated assumptions about future trends and events?

(Multiple Choice)
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As many managers and employees as possible should be involved in the process of performing an external audit.

(True/False)
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Industry analysis is also referred to as external strategic management audit.

(True/False)
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What effect do trends in the dollar's value have on companies in different industries and in different locations?

(Multiple Choice)
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A characteristic that describes the most competitive companies in America is "whether it's broke or not, fix it-make it better; not just products, but the whole company if necessary."

(True/False)
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External audits attempt to identify key variables that offer actionable responses.

(True/False)
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It is predicted that the United States will have how many racial or ethnic majorities by the year 2075?

(Multiple Choice)
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Political, governmental, and legal factors are considered key threats for most small and large organizations.

(True/False)
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