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29 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
two main motives of diversification strategy are:
Growth and risk reduction
Economies of scale and economies of scope
Economies of scale and risk reduction
Growth and profits
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The competitive advantage depends on:
Cost advantage or differentiation advantage
Similar products with price premium vs the products of competitors
Different products at lower costs as cost advantage
New products
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The central element of Starbucks' strategy is…
The interior design of Starbucks' shops
The "Starbucks Experience"
The coffee aroma
None of the answers are correct
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When represented in a graph, the typical life cycle of an industry tends to have an ‘S’ shaped curve in
terms of technology because:
represents the result of changes in growth rates of market demand.
reflects the changing pace at which technology is diffused.
t is modeled on the Product Life Cycle, which is also ‘S’ shaped
None of the answers are correct
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to "industry analysis" theories, why does competition increase when
geographical barriers lower?
Differentiation needs, which push firms to globalisation.
Economies of scale requirements, which push firms to globalisation
Economies of scope requirements, which push firms to globalisation
All answer are corrects
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
87. The profits earned by firms in a particular industry are determined by:
Product value for customers, intensity of competition, relative buyers and the bargaining
power of suppliers
The overall state of the economy and the intensity of the competition within the industry
The extent to which the industry is protected by barriers to entry.
How much do the customers value the products supplied by the industry.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is not one of Porter's Five Forces
Buyer bargaining power
Supplier bargaining power
Complement goods
Competition within the marke
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