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5

Total questions: 6

Worksheet time: 4mins

Name
Class
Date
1.

Which one of these is one of porters 5 forces?

a)

Rafael Nadal

b)

Power of suppliers

c)

A franchiser

2.

How does porters 5 forces effect a business?

a)

It builds a image of the business’ competitive environment

b)

Peter Piper picked a peck of pickled peppers. A peck of pickled peppers Peter Piper pickedIf Peter Piper picked a peck of pickled peppers. Where’s the peck of pickled peppers Peter Piper picked?

c)

a sole trader has unlimited liability

d)

It takes an hour to walk from West Bromwich

3.

Competition from

competitors is one of the 5 forces. What does it mean?

a)

When two business are entering a joint venture

b)

If there are more company’s within a market that means that each business has less power with suppliers

c)

Betty Botter bought some butter But she said the butter’s bitter If I put it in my batter, it will make my batter bitter But a bit of better butter will make my batter better So ‘twas better Betty Botter bought a bit of better butter

4.

Is how easy it is to enter a market one of porters 5 forces

a)

Yes

b)

No

c)

How much wood would a woodchuck chuck if a woodchuck could chuck wood?He would chuck, he would, as much as he could, and chuck as much wood As a woodchuck would if a woodchuck could chuck wood

5.

Competition of customers means

a)

How each person fights to buy a limited edition project

b)

She sells seashells by the seashore

c)

how many buyers or customers a company has, how significant each customer is, and how much it would cost a company to find new customers or markets for its output.

6.

Which one is one of porters 5 forces

a)

Threat of substitutes

b)

Evan Barker

c)

economies of scale

d)

Percentage change in demand