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WorksheetsCBMEC1 WEEK2 QUIZ
Total questions: 10
Worksheet time: 4mins
Porter's Five Forces analysis is a framework that helps to analyze the level of competition across industries.
True
False, across
False, framework
False, analyze
The following belong to the "threat of new entrants", EXCEPT:
Switching Cost
Brand loyalty
Industry Growth
Economies of Scale
Which of the following is under the "threat of substitute" category?
Switching Cost
Price Sensitivity
Size of Suppliers
Brand Loyalty
What do you think is the obvious FORCE that might affect if you would like to increase your price against the price of your competitors?
Threat of Substitute
Bargaining power of Suppliers
Threat of New Entrants
Bargaining Power of Buyers
What does the second E in PESTEL Analysis mean?
(a)
According to some authors, there should be a 6th force for understanding strategic alliances and joint ventures. What is the name of the 6th force?
(a)
The extended model with the 6th force is known as:
Value Net Model
VRIO Framework
Value Chain Analysis
PESTEL Analysis
Which of the following is NOT under the Rivalry among Existing Competitors?
Industry Life Cycle
Diversity of Competitors
Number of Competitors
Concentration of Buyers
P in PESTEL stands for:
Political
Politics
Physical
Physiological
Companies that produce goods or services for which there are no close substitutes will have more power to increase prices and lock in favorable terms.
True
False
