EXTERNAL ASSESSMENT
Authored by DR MOKTHAR
Other
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of an external audit?
To identify key variables that offer actionable responses
To evaluate the internal strengths and weaknesses of a firm
To analyze the financial performance of a firm
To assess the effectiveness of a firm's marketing strategies
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which of the following is not a key external force that impacts organizations?
Economic forces
Social, cultural, demographic, and environmental forces
Internal organizational factors
Technological forces
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is Porter's Five-Forces Model?
A model that assesses the internal strengths and weaknesses of a firm
A model that analyzes the competitive forces in an industry
A model that evaluates the social and cultural factors affecting an organization
A model that predicts future economic trends
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What are forecasting tools and techniques used for?
To make educated assumptions about future trends and events
To analyze the financial performance of a firm
To evaluate the internal strengths and weaknesses of a firm
To assess the effectiveness of a firm's marketing strategies
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of an External Factor Evaluation (EFE) Matrix?
To summarize and evaluate key external factors
To analyze the competitive profile of a firm
To forecast future industry trends
To assess the financial performance of a firm
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of a Competitive Profile Matrix (CPM)?
To identify and evaluate key external forces
To assess the competitive strengths and weaknesses of rival firms
To analyze the social and cultural factors affecting an organization
To forecast future economic trends
7.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the most powerful of the five forces in Porter's Five-Forces Model?
Rivalry among competing firms
Potential entry of new competitors
Potential development of substitute products
Bargaining power of suppliers
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