Unit 3 Topic 1 Competitive Markets

Unit 3 Topic 1 Competitive Markets

12th Grade

35 Qs

quiz-placeholder

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Unit 3 Topic 1 Competitive Markets

Unit 3 Topic 1 Competitive Markets

Assessment

Quiz

Business

12th Grade

Medium

Created by

B Pendergast

Used 213+ times

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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When 'describing the environment', you should link the business to the...

Internal environment

External operating environment

External macro environment

All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a mode of entry

Licensing

Intrapreneurship

Strategic Alliances

Importing and exporting

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A mature business must focus on the _____________ and ______________ phases of the employment cycle

development and maintenance

acquisition and development

maintenance and separation

acquisition and separation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Horizontal growth focuses on ____________ expansion

target market

geographical

customer

market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Vertical growth focuses on _________________

target markets

new customers

existing customers

emerging markets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company that buys another company as its mode of entry is referred to as a _____________________

overseas distributor

licensing

strategic alliance

sales subsidiary

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of a HR strategy a company can use when attempting to maintain staff is _____________

going public

diversity

providing dividends

customer discounts

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