ENT I 3.05 Quiz

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ENT I 3.05 Quiz
Chad Collins
Quiz von Chad Collins, aktualisiert more than 1 year ago
Chad Collins
Erstellt von Chad Collins vor mehr als 7 Jahre
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Zusammenfassung der Ressource

Frage 1

Frage
Which is a factor that businesses often consider when conducting a market analysis?
Antworten
  • Location of test market
  • Size of the market next year
  • Safety of the research process
  • Design of the questionnaire

Frage 2

Frage
Which is a question that a business might ask when it wants to evaluate its weaknesses?
Antworten
  • What resources do we lack?
  • What is our competition doing?
  • What markets have our competitors missed?
  • What obstacles do we face?

Frage 3

Frage
Which form of business ownership can raise money easily?
Antworten
  • Partnership
  • Corporation
  • Sole proprietorship
  • Limited partnership

Frage 4

Frage
When a business conducts a customer analysis and identifies territories, determines the possible buyers in the territories, and estimates the purchases of buyers, it is evaluating which factor?
Antworten
  • Psychographics of a segment
  • Market potential of an area
  • Potential media exposure
  • Market share of competitors

Frage 5

Frage
Which is an activity that a business performs when conducting a competitive analysis?
Antworten
  • Sets productivity goals
  • Monitors marketing strategies of a rivalry
  • Calculates income data
  • Develops selling procedures

Frage 6

Frage
One reason why it is often important for businesses to conduct a competitive analysis is to identify factors?
Antworten
  • External threats
  • Potential vendors
  • Economic conditions
  • Future employees

Frage 7

Frage
What is a potential threat a manager might identify in a SWOT analysis?
Antworten
  • Growing government regulation
  • Economy rebounding
  • Weak market image
  • Cost advantages

Frage 8

Frage
One way that a business can learn about the activities of competitors is to perform which action?
Antworten
  • Develop product specifications
  • Evaluate intranet efficiencies
  • Review secondary data
  • Identify communication barriers

Frage 9

Frage
Which question is it important to ask to determine the strengths of a business when conducting a SWOT analysis?
Antworten
  • What economic trends are beneficial to us?
  • What are our competitors doing?
  • Where are we making money?
  • What obstacles do we face?

Frage 10

Frage
One of the purposes of conducting a market analysis is to develop which component?
Antworten
  • Operating budget
  • Distribution plan
  • Customer profile
  • Management team
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