STRAMA Online Quiz 3 - 3HHL1

STRAMA Online Quiz 3 - 3HHL1

1st - 12th Grade

10 Qs

quiz-placeholder

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STRAMA Online Quiz 3 - 3HHL1

STRAMA Online Quiz 3 - 3HHL1

Assessment

Quiz

Business

1st - 12th Grade

Practice Problem

Medium

Created by

MA MAGKASI

Used 5+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Threat of new entrants is high in

Telecommunication industry

Banking industry

Baking industry

Airline industry

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

There is high switching cost if

there are few companies offering the same product

there are many companies offering the same product

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

High prices of pork nowadays is an example of

High Bargaining Power of Suppliers

Low Bargaining Power of Suppliers

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Customers haggling the prices of commodities in Divisoria is an example of

Low Bargaining Power of Customers

High Bargaining Power of Customers

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

There is low rivalry among competition in this business.

hotel

restaurant

covid-19 vaccine

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

There are few internet providers in the Philippines. Customers are willing to pay the price that they are offering. This is an example of...

High Bargaining Power of Customers and High Threat of Substitute

Low Bargaining Power of Customers and High Threat of Substitute

High Bargaining Power of Customers and Low Threat of Substitute

Low Bargaining Power of Customers and Low Threat of Substitute

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If you want to open a milk tea business, these are the forces that you need to consider.

High threat of new entrants and high rivalry among competitors

Low threat of new entrants and high rivalry among competitors

High threat of new entrants and low rivalry among competitors

Low threat of new entrants and low rivalry among competitors

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