MIT - PRELIM

MIT - PRELIM

5th Grade

25 Qs

quiz-placeholder

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MIT - PRELIM

MIT - PRELIM

Assessment

Quiz

Instructional Technology

5th Grade

Easy

Created by

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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