Management

The analysis of the external environment is known as

• PESTEL

• SWOT

• no true answer

Corruption in the country is a

• environmental factor

• social factor

• political factor

• no true answer

The environment analysis gives information about

• political stability in the country;

• the stability of weather;

• the population and its habits

• no true answer

Analysis of the external environment is important to know

• strengths of the company

• opportunities to develop

• threats for the company

• no true answer

The analysis of the industry is also known as

• Five forces analysis

• SWOT analysis

• PESTEL

• no true answer

What can be barriers for entry?

• economies of score

• economies of scale

• product differentiation

• no true answer

if the company has patent to produce specific product, this is an example of:

• high threat of substitutes;

• barrier for entry of other companies

• no true answer

The bargaining power of customers is high when:

• they can low switching costs;

• there is monopoly in the market

• they are buying a differentiated product;

• no idea having

the bargaining power of suppliers is high

• when they are few on the market;

• when there is a substitute product for the product they deliver;

• when customers have low switching costs;

• no true answer.

Which products can be differentiated?

• cars

• products such as bread, sugar.

• computers

• no true answer.