MIT - PRELIM
Quiz
•
Instructional Technology
•
5th Grade
•
Easy
Seth Sarmiento
Used 5+ times
FREE Resource
25 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
1. It is the book written by Porter in the year 1980.
Competitive Stages
Competitive Strategy
Competitive Services
Competitive Struggles
2.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
2. It refers to the new competitors pose to existing competitors in an industry.
Threat of new entrants
Rivalry among competitors
Spirit of competition
Bargaining power of competitors
3.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
3. 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.
Suppliers bargaining power
New entrants bargaining power
Buyer bargaining power
Rivalries bargaining power
4.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
4. 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
None of the above
Rivalry of supplier and buyer
5.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
5. 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
20 sec • 1 pt
6. 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
20 sec • 1 pt
7. 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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