Strategic Management Concepts and Cases Chapter 3 The External Assessment

Strategic Management Concepts and Cases Chapter 3 The External Assessment

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Unformatted text preview: CHAPTER 3 1. According to I/O theorists, which of the following contributes least to firm performance? a) Internal resources b) Economies of scale c) Barriers to market entry d) Product differentiation 2. The external audit is aimed at: a) taking advantage of potential threats and minimizing external opportunities. b) developing an exhaustive list of factors that could influence the business. c) identifying key variables that offer actionable responses. d) developing an infinite list of opportunities that could benefit a firm. 3. Good _______ in business, as in the military, is one of the keys to success. a) short-term plan focus b) competitive intelligence c) divisions d) conflict encouraging scenarios 4. __________ are the results of a low value of the dollar. a) Lower imports and higher exports b) Lower imports and lower exports c) Higher imports and higher exports d) Higher imports and lower exports 5. Which of the following is NOT a key economic variable to be monitored?...
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This note was uploaded on 07/21/2011 for the course BUS 10001 taught by Professor All during the Spring '11 term at Shaheed Zulfiqar Ali Bhutto Institute of Science and Technology.

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Strategic Management Concepts and Cases Chapter 3 The External Assessment

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