FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 2: The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis.

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 61

Multiple Choice

Review LaterAdd Note

Review Later

The aircraft industry has long been dominated by two large aircraft manufacturers,Boeing and Airbus. The demand for major aircraft is low,and Boeing and Airbus aggressively compete for orders from airlines. What effect will these conditions have on the domestic airline industry?

A) It will make the airline industry more attractive because of decreased supplier power.
B) It will make the airline industry less attractive because of decreased supplier power.
C) It will make the airline industry more attractive because of increased supplier power.
D) It will make the airline industry more attractive because of a new entrant.

Correct Answer

verified

Show Answer

Question 62

Multiple Choice

Review LaterAdd Note

Review Later

Characteristics of the current economic segment include all of the following EXCEPT

A) general uncertainty.
B) a clear understanding of future economic opportunities and threats.
C) the inability of economists to provide valid and reliable predictions.
D) an expanding economy in Vietnam.

Correct Answer

verified

Show Answer

Question 63

True/False

Review LaterAdd Note

Eavesdropping is an ethical way to obtain information about competitors' actions.

Acme Valves,Inc.,has been a successful player in the oil field supply industry in the last 15 years. Acme maintained its traditional strategy and product characteristics over this time period. However,Acme has experienced declines in sales and profits over the last four quarters. The CEO of Acme should

Suppliers are powerful when

When rival firms compete aggressively by trying to attract competitors' customers,this might be an indication of

All of the following are implications of strategic groups EXCEPT

Global warming and energy consumption trends are aspects of the that firms should monitor.

The technological segment of environmental analysis includes

Case Scenario 2: B.B. Mangler. B.B. Mangler is a top U.S. business-to-business distributor of maintenance, repair, and service equipment, components, and supplies such as compressors, motors, signs, lighting and welding equipment, and hand and power tools. Its industry is typically referred to as MRO, an acronym for maintenance, repair, and supplies. MRO products are typically small and fairly inexpensive (such as light bulbs and washers), but often needed on short notice. Mangler states its strategy as having the "capacity to offer an unmatched breadth of lowest-total-cost MRO solutions to business." Mangler's GoMRO sourcing center for indirect spot buys locates products through its database of 8,000 suppliers and 5 million products. Mangler has 388 physical branches in the United States, including Puerto Rico (90 percent of sales), 184 in Canada, and 5 in Mexico. Customers include contractors, service and maintenance shops, manufacturers, hotels, governments, and health care and educational facilities. Mangler also provides materials-management consulting services. -(Refer to Case Scenario 2). What opportunities does the Internet provide to Mangler,both domestically and internationally?

In analyzing the demographic segment of the general environment,one typically examines all of the following factors EXCEPT

The European sovereign-debt crisis and political upheavals in Egypt,Tunisia,Libya,and Syria illustrate uncertainties in the political/legal segment of the general environment that could affect the performance of business firms.

Exit barriers to a firm include all of the following EXCEPT

Because of threats and risks in the global environment,some firms choose to take a more cautious approach by

Tablets such as the iPad have had little effect on the sale of PCs in the United States,and PC producers such as Taiwan's Acer Computers have experienced significant growth.

Which of the following would be an example of the application of the next major technological opportunity for organizations?

Competitor analysis is focused on the factors and conditions influencing an industry's profitability potential.

The more distant strategic groups are in terms of their strategies,the greater the likelihood of rivalry between the groups.

The industry environment directly influences the firm and its competitive actions and responses.

Applications developed for iPhones make the phone more valuable to iPhone users. App developers are______to