
MGT30005_Week 2
Quiz
•
Social Studies
•
Professional Development
•
Practice Problem
•
Medium
Thinh Vu
Used 1+ times
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one main driver of barriers to entry in an industry?
Customer loyalty
Economies of scale
Product variety
Seasonal demand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of PESTLE analysis?
To evaluate internal company performance
To identify key competitors
To analyze the external macro-environment
To compare product pricing strategies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major consequence of high supplier power in an industry?
Increased competition among suppliers
Reduced profits for organizations relying on suppliers
Higher market entry opportunities
Enhanced customer loyalty
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which element is part of the sociocultural factor in PESTLE?
Government policies
Population aging
Technological advancements
Market competition
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Porter's Five Forces model help organizations determine?
Internal capabilities
Competitive industry dynamics
Customer loyalty programs
Product quality improvements
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What action can companies take to reduce the threat of substitutes?
Lower product quality
Increase switching costs for customers
Standardize product offerings
Decrease differentiation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a political factor influencing industries in the macro-environment?
Advanced clinical R&D
Licensing regulations
Consumer preferences
Supply chain disruptions
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
15 questions
Fintech and its Impact on the Financial Services Industry
Quiz
•
Professional Development
10 questions
SMEGABAJA-03
Quiz
•
Professional Development
6 questions
The Double-Entry System for Assets, Liabilities and Capital
Quiz
•
9th Grade - Professio...
15 questions
Women In Mining
Quiz
•
Professional Development
15 questions
Basant 2021 - Quiz Time!
Quiz
•
KG - Professional Dev...
15 questions
IGCSE Geography - Energy
Quiz
•
Professional Development
11 questions
National day quiz
Quiz
•
Professional Development
10 questions
Sustainability Reporting
Quiz
•
University - Professi...
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Social Studies
20 questions
Black History Month Trivia Game #1
Quiz
•
Professional Development
100 questions
Screening Test Customer Service
Quiz
•
Professional Development
20 questions
90s Cartoons
Quiz
•
Professional Development
10 questions
Reading a ruler in Inches
Quiz
•
4th Grade - Professio...
16 questions
Parallel, Perpendicular, and Intersecting Lines
Quiz
•
KG - Professional Dev...
12 questions
Valentines Day Trivia
Quiz
•
Professional Development
