Question 1

Because the Internet creates more tools and means for competing, rivalry among firms is likely to be less intense.

Accepted Answer

A) True 
 B)False

Question 2

Delayed marriages, fewer people in relevant age groups, and rising interest rates dampening demand for houses illustrates

Accepted Answer

A)   that more than one segment of the general environment may affect an industry.
B)   that the global environment is not as powerful an influence as thought.
C)   that macroeconomic forces dominate the general environment.
D)   that the competitive environment often has a strong influence on the general environment.E) B) and C)
F) All of the above

Question 3

Industries characterized by high economies of scale typically attract fewer new entrants.

Accepted Answer

A) True 
 B)False

Question 4

The general environment consists of elements that an organization finds inside its own boundaries and which have some bearing on its ability to exist and thrive.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following terms is described by, the tapping of the "latent talent of the (online)  crowd."

Accepted Answer

A)   Opensourcing
B)   Kickstarting
C)   Maverick spending
D)   CrowdsourcingE) A) and D)
F) B) and D)

Question 6

Increasingly larger numbers of women entering the work force since the early 1970s is an example of

Accepted Answer

A)   demographic changes.
B)   political and legal environmental changes.
C)   sociocultural changes.
D)   technological developments.E) A) and B)
F) All of the above

Exam 2: Analyzing the External Environment of the Firm

Industries characterized by high economies of scale typically attract fewer new entrants.

Correct Answer
verified

Which of the following terms is described by, the tapping of the "latent talent of the (online) crowd."

Correct Answer
verified

Because the Internet creates more tools and means for competing, rivalry among firms is likely to be less intense.

Correct Answer
verified

The general environment consists of elements that an organization finds inside its own boundaries and which have some bearing on its ability to exist and thrive.

Correct Answer
verified

Delayed marriages, fewer people in relevant age groups, and rising interest rates dampening demand for houses illustrates

Correct Answer
verified

Increasingly larger numbers of women entering the work force since the early 1970s is an example of

Correct Answer
verified

Exam 2: Analyzing the External Environment of the Firm

Industries characterized by high economies of scale typically attract fewer new entrants.

Correct AnswerverifiedShow Answer

Which of the following terms is described by, the tapping of the "latent talent of the (online) crowd."

Correct AnswerverifiedShow Answer

Because the Internet creates more tools and means for competing, rivalry among firms is likely to be less intense.

Correct AnswerverifiedShow Answer

The general environment consists of elements that an organization finds inside its own boundaries and which have some bearing on its ability to exist and thrive.

Correct AnswerverifiedShow Answer

Delayed marriages, fewer people in relevant age groups, and rising interest rates dampening demand for houses illustrates

Correct AnswerverifiedShow Answer

Increasingly larger numbers of women entering the work force since the early 1970s is an example of

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified