
CBMEC1 WEEK2 QUIZ
Authored by Brian Cortes
Business
Professional Development
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10 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Porter's Five Forces analysis is a framework that helps to analyze the level of competition across industries.
True
False, across
False, framework
False, analyze
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The following belong to the "threat of new entrants", EXCEPT:
Switching Cost
Brand loyalty
Industry Growth
Economies of Scale
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following is under the "threat of substitute" category?
Switching Cost
Price Sensitivity
Size of Suppliers
Brand Loyalty
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What do you think is the obvious FORCE that might affect if you would like to increase your price against the price of your competitors?
Threat of Substitute
Bargaining power of Suppliers
Threat of New Entrants
Bargaining Power of Buyers
5.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
What does the second E in PESTEL Analysis mean?
6.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
According to some authors, there should be a 6th force for understanding strategic alliances and joint ventures. What is the name of the 6th force?
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The extended model with the 6th force is known as:
Value Net Model
VRIO Framework
Value Chain Analysis
PESTEL Analysis
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