Multiple Choice
The core of a firm's business environment is comprised by:
A) Its relationships with customers,competitors and suppliers
B) Its technological environment
C) Its relationships with all stakeholders
D) The nation state
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Formal,broad-based scanning of the external environment is
Q13: Economies of scale are a barrier to
Q14: Michael Porter's five forces of competition framework
Q15: As the competitors in an industry become
Q16: Economic value is created when:<br>A)The price that
Q18: Concentration in an industry is measured by
Q19: Batteries represented about 45% of the cost
Q20: Threats of retaliation by incumbents against a
Q21: Which of the following does not enhance
Q22: Economies of scale,absolute cost advantages,high capital requirements,and