Multiple Choice
What is the relationship between macro level factors (such as economic trends or political trends) and strategy?
A) It's good to be aware of these factors, but they don't change your strategy
B) Strategy emerges from these factors
C) Strategy can be strongly affected by these factors, in terms of opportunities and threats
D) Macro level factors affect the industry environment.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Changing the industry structure is:<br>A)Not really within
Q8: Retaliation against a new entrant may take
Q9: In a contestable market there does not
Q10: The core of a firm's business environment
Q11: Regarding industry concentration;<br>A)A high Concentration Ratio indicates
Q13: Understanding the competitive forces in an industry
Q14: Perfect competition defines an industry structure where
Q15: "Consumer surplus" is:<br>A)The difference between the price
Q16: Understanding the structure of the industry helps
Q17: Formally scanning and analysing the external environment