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WorksheetsTest 4 Chapter 2
Total questions: 18
Worksheet time: 6mins
Which of the following is a part of the general environment?
Distributor
Customer
Competitor
Supplier
Technology
Which of the following is a part of the environmental impact?
Demographic forces
Legal forces
Competitive forces
Economic forces
Technological forces
A competitor of ABC Company has negotiated a long-term contract with ABC's main raw material supplier. Now ABC has to find another supplier for the raw material. This is an example of the impact on:
legal environment.
political environment.
impact environment.
demographic environment.
cultural social environment.
Company ABC has many potential suppliers for a specific input. Which of the following can best explain ABC's bargaining power with these suppliers in this situation?
Strong
Moderate
Weak
Equal
Insufficient information
Organizations that produce goods similar to those of other organizations are called:
suppliers.
distributors.
competitors.
customers.
potential competitors.
Organizations that are not currently selling goods in a specific influencing environment but may choose to participate in this environment if they want to be called:
customers.
potential competitors.
distributors.
competitors.
suppliers.
Factors that cause an organization to incur costs to enter an industry as a new competitor are called:
economies of scale.
barriers to entry.
demographic forces.
economic forces.
technological forces.
Cost advantages related to large-scale operations are called:
brand loyalty.
barriers to entry.
border space.
gatekeeping function.
economies of scale.
Inflation is an example of _____ forces in the environment of an organization.
social economic
economic
demographic
political
legal
The set of values that a society considers important and the behavioral norms accepted by society are called:
social cultural forces.
economies of scale.
national culture.
impact environment.
demographic forces.
Glasco Softwares Co. discovered that in Japan, collectivism (adhering to group expectations) is highly valued, in contrast to the individualism of American society. This has created many problems for its managers when operating in Japan. What can these problems be attributed to?
Demographics
Power distance
Social culture
Masculinity
Uncertainty avoidance
Reform and privatization are part of which of the following forces?
Political and legal
Technology
Social culture
Economy
Demographics
If a society believes that self-expression is important for its citizens, then that society is considered to value:
collectivism.
individualism.
free market economy.
free trade doctrine.
avoiding uncertainty.
If a society values the group more than the individual, and believes that people should be evaluated based on the quality of their contributions to the group rather than their personal achievements, then that society is said to value:
individualism.
power distance.
uncertainty avoidance.
collectivism.
masculinity.
The extent to which people in a society accept the idea that inequality in the wealth of their citizens is due to differences in the intellectual abilities of individuals is called:
referent power.
absolute power.
free market power.
power distance.
mixed power.
Shareholders are interested in how a company operates because they:
use the company's products.
believe in ethical behavior.
want to maximize their investment returns.
want to avoid all risks.
like to have control.
_____ is often considered the most important group of shareholders.
Shareholders
Management
Employees
Customers
Suppliers
Which of the following refers to the invisible barriers that prevent minority groups and women from being promoted to top positions in companies?
Affirmative action
Glass ceiling
Glass wall
Glass cliff
Gerschenkron effect
