Company analysis

Organizational culture is similar to an individual's _____________.

• skills

• personality

• motivation

• knowledge

The organizational _____________ is (are) a system of shared meaning held by members that distinguish(es) the organization from other organizations.

• culture

• values

• structure

• hierarchy

_____________ are repetitive sequences of activities that express and reinforce key values of the organization.

• Rituals

• Stories

• Symbols

• Language

Employees in organizations with strong cultures _______________.

• are more committed to their organization

• are more likely to leave the organization than stay

• are more willing to perform illegal activities

• are more likely to follow directives from peers

Differentiation strategy is best described as one in which firms seek a competitive advantage:

• through establishing their uniqueness

• through having a lower cost than their competitors

• through concentrating on a narrow market segment

• through achieving a match between their internal and external environments

Which of the following is not an element of Porter’s 5 Forces Model?

• The firm’s macroeconomic environment.

• The firm’s existing competition.

• The bargaining power of suppliers.

• The potential competition from new entrants.

From the list below, identify which factor does not form one of the six key areas of a PESTEL analysis.

• Technological changes

• Ecological changes

• Education changes

• Political changes

Which of the following are considered political elements of PESTLE?

• Visa requirements and trading tariffs.

• Weather and climate

• Currency inflation and interests rates.

• Age and gender.

How does PESTLE help your strategic development team?

• It helps you to identify the strengths of your company.

• It helps you to find solutions to problems, create marketing strategies, and stay ahead of your competition.

• It helps you to find the weaknesses of your company.

• It helps you to see how your company's financial well-being is affecting the environment.

What are the six elements of PESTLE?

• Peace, Elements, Search, Tape, Legal, and Environment

• Power, Environment, Science, Teaching, Legal, and Education

• Paper, Element, Savings, Trust, Labels, and Entry

• Political, Economic, Social, Technological, Legal, and Environmental