Exam 4: Environmental Scanning and Industry Analysis

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According to Porter,the collective strength of the interaction of potential entrants,buyers,substitutes,suppliers,firm rivalry,and other stakeholders determine

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A multi-national corporation is a company with significant assets and activities in multiple countries.

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A relationship that illustrates the term "complementor" is

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One of the sociocultural variables in the societal environment is the changing household composition.

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Multi-domestic industries are specific to each country or group of countries.

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Which environment was generally perceived by business people to be something to exploit,not conserve,until the twentieth century?

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In the EFAS Table,the indicator of how well a particular company is responding to current and expected factors in its external environment is characterized by the

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The primary activity of a competitive intelligence unit is to

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Business intelligence is one of the fastest growing fields within strategic management.

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Political-legal forces regulate the values,mores,and customs of society.

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According to Miles and Snow,which strategic orientation is demonstrated by companies that have a limited product line and focuses on improving the efficiency of their existing operations?

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Describe the four general forces in the societal environment.

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When strategic managers have a willingness to reject unfamiliar as well as negative information it is referred to as

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Strategic myopia is the willingness to reject unfamiliar as well as negative information.

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________ rests on the assumption that the world is reasonably consistent and changes slowly in the short run.

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Regression analysis is an example of which quantitative forecasting technique?

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Statistical modeling is a quantitative forecasting technique that attempts to discover causal or at least explanatory factors that link two or more time series together.

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Which of the following is not one of the general strategic types according to Miles and Snow?

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Key success factors seldom vary from industry to industry.

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In addition to Porter's Five Forces,another force added in the text is

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