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External Analysis Quiz

Authored by Aqisa Moosa

Business

University

Used 2+ times

External Analysis Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

5 sec • 2 pts

What is the primary technique used to analyze competition in an industry environment?

SWOT analysis

PEST analysis

Five Forces model

Value Chain analysis

2.

MULTIPLE CHOICE QUESTION

5 sec • 2 pts

Which of the following is NOT one of Porter's Five Forces?

Bargaining power of buyers

Intensity of rivalry among established companies

Risk of entry by potential competitors

Market saturation

3.

MULTIPLE CHOICE QUESTION

5 sec • 2 pts

What is a characteristic of an embryonic industry?

Low barriers to entry

Rapid growth

High competition

Unfamiliarity with products

4.

MULTIPLE CHOICE QUESTION

5 sec • 2 pts

In which stage of the industry life cycle do companies typically experience excess productive capacity?

Growth

Shakeout

Mature

Embryonic

5.

MULTIPLE CHOICE QUESTION

5 sec • 2 pts

What factor can increase the bargaining power of buyers?

Limited supplier options

Low product differentiation

Strong brand loyalty

High switching costs

6.

MULTIPLE CHOICE QUESTION

5 sec • 2 pts

Which of the following best describes a consolidated industry?

Many small companies

A few large companies

No competition

High entry barriers

7.

MULTIPLE CHOICE QUESTION

5 sec • 2 pts

What is a key implication of strategic groups within an industry?

All companies face the same competitive forces

Mobility barriers are non-existent

Strategic groups have identical market segments

Companies in the same group are direct competitors

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