Bus 375-Review quiz1

Competitors must be

• Ignored

• Well Analyzed

• Worked On

• Paid

Hyperpanda and Carrefour are competitors.

• True

• False

Competitors should be analysed concerning their

• prices

• locations

• strengths and weaknesses

• all of the available answers are correct

A SWOT analysis looks at?

• The Internal Factors only

• Both internal and external Factors

• The external factors only

• None of the above

What does the acronym SWOT stands for?

• Strengths, Weaknesses, Obligations, Threats

• Strengths, Weak points, Opportunities, Tastes

• Strengths, Weaknesses, Opportunities, Threats

• Strengths, Weaknesses, Opportunities, Time

____________________is the rivalry between companies selling similar products and services with the goal of achieving revenue, profit.

• Partnership

• merger

• Competition

• negotiation

______________________sell the same products to the same (target) audience and compete for the same potential market

• partners

• Direct competitors

• Indirect competitors

• sellers

Pepsi and coke are direct competitors

• True

• False

Poor quality and undifferentiated products are example of ____________________

• strength

• weaknesses

• opportunity

• threat

New markets and new technology are examples of_________________________________

• Opportunity

• weaknesses

• strength

• threat