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