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MIT - SW1

Authored by Seth Sarmiento

Instructional Technology

5th Grade

Used 6+ times

MIT - SW1
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7 questions

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1.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

Porter's 1980 book was called

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

It refers to the new competitors pose to existing competitors in an industry.

Death Threat

Threat of new entrants

Spirit of competition

Rivalry among competitors

Bargaining power of competitors

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

It refers to the pressure where consumers can exert on businesses to get them to provide higher quality products, better customer service, and lower prices.

Rivalries bargaining power

Suppliers bargaining power

Buyer bargaining power

New entrants bargaining power

Competitors rivalry

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

It is the mirror image of the bargaining power of buyers and refers to the pressure that suppliers can put on companies by raising their prices, lowering their quality, or reducing the availability of their products.

Bargaining Power of Suppliers

Bargaining Power of Buyers

Both of the above (Bargaining Power of Suppliers and Bargaining Power of Buyers)

None of the above

Rivalry of supplier and buyer

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

It is a measure of the extent of competition among existing firms.

Extended competition

Measurement of competition

Firms competition

Spirit of Competition

Competitive rivalry

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

It occurs when companies within one industry are forced to compete with industries producing substitute products or services.

Rivalry among competitors

Threat of substitutes

Bargaining power of suppliers

Bargaining power of buyers

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

CISA is a certification for BSAIS, what does it mean?

Certified Information Systems Accountant

Certified Information Systems Auditor

Certified Income Systems Administrator

Certified Information of Science in Accountancy

Certified Information Systems Accountancy

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