BUS 490 Quiz 3 NEW
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BUS 490 Quiz 3 NEW
Question 1
Collecting and evaluating information on competitors is essential for successful
• Question 2
The process of performing an external audit needs to include
• Question 3
What level of bargaining power do consumers have when the products being purchased are standard or undifferentiated?
• Question 4
________ perhaps has instituted the most protectionist measures in recent months by raising tariffs on most imports and subsidizing its own exports.
• Question 5
If suppliers are unreliable or too costly, which of these strategies may be appropriate?
• Question 6
Hawaii, California, and ________ already have no majority race or ethnic group.
• Question 7
In general, what happens to American goods in overseas markets when there is a strong dollar?
• Question 8
Which of the states below has the youngest average population?
• Question 9
What are educated assumptions about future trends and events called?
• Question 10
The responsibilities of a director of competitive analysis include all of the following except:
• Question 11
What is the first step in designing an EFE Matrix?
• Question 12
Many economists say the current rash of trade constraints will make it ________ for global economic growth to recover from the global recession.
• Question 13
Freund emphasizes that key external factors should be all of these except:
• Question 14
A total weighted score of _______ in an EFE Matrix indicates that the firm’s strategies are not capitalizing on opportunities or avoiding external threats.
• Question 15
Without assumptions, planning would be