Question-FIU ENGLISH 3400 Multiple Choice Questions Quiz

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 The external market opportunities that are most relevant to a company are those that

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Which of the following increases the threat of entry?

 Question 3                                                                                                                                         0.4 out of 0.4 points

 Which of the following would not be generally considered a driving force in an industry

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The driving forces in an industry

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 One important indicator of how well a company's strategy is working is whether

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 What is a substitute for renting your movies from Netflix

Question 7                                                                                                                                          0.4 out of 0.4 points

 A competitive environment where there is weak rivalry among sellers, high entry barriers, weak threat of substitute products and no bargaining leverage on the part of customers or suppliers

Question 8                                                                                                                                          0.4 out of 0.4 points

 Having good competitive intelligence about rivals is important because

Question 9                                                                                                                                          0.4 out of 0.4 points

 Competitive pressures from substitute products tend to be stronger when

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The most powerful of the 5-forces is usually

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 The "driving forces" in an industry

Question 12                                                                                                                                       0.4 out of 0.4 points

 Key Success Factors are

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 Which of the following is not a good example of a substitute product?

Question 14                                                                                                                                       0.4 out of 0.4 points

 Which of the following questions can be used to distinguish a winning strategy from a mediocre or losing strategy?

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 The threat from new entrants is greatest in the _________ stage of the industry life cycle.

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 Thinking strategically about industry and competitive conditions in a given industry involves evaluation all of the following except

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 The difference between a competence and a core competence is that

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Which of the following would not be considered a "resource" of a company?

Question 19                                                                                                                                       0 out of 0.4 points

 A competitive environment where there is strong rivalry among sellers, low entry barriers, strong threat of substitute products and high bargaining leverage on the part of both suppliers and customers

Question 20                                                                                                                                       0.4 out of 0.4 points

 Buyers are more likely to switch to substitute products

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Whether buyer bargaining power poses a strong or weak source of pressure on industry members depends in part on

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 A distinctive competence

Question 23                                                                                                                                       0.4 out of 0.4 points

 Which of the following is generally not considered a barrier to entry?

Question 24                                                                                                                                       0.4 out of 0.4 points

A company would prefer that the power of its customers to be________and the power of its suppliers to be_________

Question 25                                                                                                                                       0.4 out of 0.4 points

As a rule, the stronger the impact of the pressures of each of the 5 competitive forces,