Midterm Q/A
A company's "macroenvironment" refers to
C. All the relevant forces and factors outside a company's boundaries⎯general economic conditions, population demographics, societal values and lifestyles, technological factors, governmental legislation and regulation and closer to home, the industry and competitive arena in which it operates
Which one of the following is not part of a company's macroenvironment?
E. The company's resource strengths, resource weaknesses and competitive capabilities
Which of the following is not a major question to ask in thinking strategically about industry and competitive conditions in a given industry?
A. How many companies in the industry have good track records for revenue growth and profitability?
Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as Refer To: 03-03
E. All of the above
Which of the following is not a factor to consider in identifying an industry's dominant economic features?
D. How strong driving forces and competitive forces are
Which of the following is not a relevant consideration in identifying an industry's dominant economic features?
C. How many strategic groups the industry has and which ones are most profitable and least profitable
The state of competition in an industry is a function of
E. All of these
The nature and strength of the competitive forces that prevail in an industry are generally a joint product of
E. All of these
Which of the following is not one of the five typical sources of competitive pressures?
A. The power and influence of industry driving forces
The most powerful of the five competitive forces is usually
B. The competitive pressures associated with the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry
Typically, the weakest of the five competitive forces in an industry is/are:
E. None of the above is typically weakest
Competitive jockeying
C. All the relevant forces and factors outside a company's boundaries⎯general economic conditions, population demographics, societal values and lifestyles, technological factors, governmental legislation and regulation and closer to home, the industry and competitive arena in which it operates
Which one of the following is not part of a company's macroenvironment?
E. The company's resource strengths, resource weaknesses and competitive capabilities
Which of the following is not a major question to ask in thinking strategically about industry and competitive conditions in a given industry?
A. How many companies in the industry have good track records for revenue growth and profitability?
Thinking strategically about industry and competitive conditions in a given industry involves evaluating such considerations as Refer To: 03-03
E. All of the above
Which of the following is not a factor to consider in identifying an industry's dominant economic features?
D. How strong driving forces and competitive forces are
Which of the following is not a relevant consideration in identifying an industry's dominant economic features?
C. How many strategic groups the industry has and which ones are most profitable and least profitable
The state of competition in an industry is a function of
E. All of these
The nature and strength of the competitive forces that prevail in an industry are generally a joint product of
E. All of these
Which of the following is not one of the five typical sources of competitive pressures?
A. The power and influence of industry driving forces
The most powerful of the five competitive forces is usually
B. The competitive pressures associated with the market maneuvering and jockeying for buyer patronage that goes on among rival sellers in the industry
Typically, the weakest of the five competitive forces in an industry is/are:
E. None of the above is typically weakest
Competitive jockeying