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Applied Economics-Nov. 20, 2023

Authored by MA. PRIAS C. DIMSON

Specialty

12th Grade

Used 1+ times

Applied Economics-Nov. 20, 2023
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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A tool used by most businesses to assess and understand the internal and external forces that may affect the company's future performance.

Industry Analysis

PESTLE Analysis

Porter's Five Forces Model

SWOT Analysis

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

These are the areas evaluated using Porter's Five Forces Model EXCEPT for...

Threats of New Entrant

Rivalry among Existing Suppliers

Threats of Substitute Products/Services

Bargaining Power of Buyers and Suppliers

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

These are FACTORS in analyzing the industry EXCEPT for...

target customers

location of the business

business leaders in the industry

competitors' business size and outlook

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Market trends, target market's demographic characteristics, political regulations are factors evaluated from what area?

External forces

Internal forces

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

These are the things your company does well...

Strengths

Weaknesses

Opportunites

Threats

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Changing regulatory environment is an example of...

Strengths

Weaknesses

Opportunites

Threats

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

These are the things that your competitors do better than you...

Strengths

Weaknesses

Opportunites

Threats

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