Exam 2 Marketing Quizzes

Descripción

Exam 2 for Marketing quiz questions
Julia Dubois
Test por Julia Dubois, actualizado hace más de 1 año
Julia Dubois
Creado por Julia Dubois hace casi 7 años
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Resumen del Recurso

Pregunta 1

Pregunta
A "Brand" is confined to the physical name or logo associated with the firm.
Respuesta
  • True
  • False

Pregunta 2

Pregunta
When does activation occur?
Respuesta
  • With social media-based marketing
  • With only internal cues
  • With only external cues
  • with either external or internal cues

Pregunta 3

Pregunta
Brand awareness is associated with the ability of the brand to ____________, who is offering a product or service, while brand association is associated with the ability of the brand to ____________ competitors.
Respuesta
  • differentiate; identify
  • separate; connect
  • identify; differentiate
  • respond; attack

Pregunta 4

Pregunta
The primary value of a brand for the consumers is the:
Respuesta
  • definition of corporate social responsibility
  • association with target groups
  • ability to compare prices
  • reduction or perceived risk

Pregunta 5

Pregunta
Which of these is not a type of brand association
Respuesta
  • brand memories
  • brand benefits
  • brand attributes
  • brand attitudes

Pregunta 6

Pregunta
If oreo cookies come out with a new flavor of s'mores Oreo cookies, what are they using in order to turn brand equity into dollars?
Respuesta
  • Word of Mouth
  • Product Purchase
  • Licensing
  • Promotional Advantage

Pregunta 7

Pregunta
The example of the purchase of the PanAm brand demonstrates how:
Respuesta
  • Promotional advertising can save a business
  • Brands are worthless without assets as collateral
  • Brands can have value beyond the book value of the firm.
  • Brands are unable to expand past their original industries

Pregunta 8

Pregunta
How did changing the name of an island from Hog Island to Paradise Island help that Island's tourism industry?
Respuesta
  • changing the name did not help
  • The book value of the island increased
  • A functional benefit came from changing the island
  • Added value came from a more appealing name

Pregunta 9

Pregunta
Book value of assets + Brand equity=
Respuesta
  • Price of brand
  • Market share in industry
  • Market value of brand
  • Consumer share of brand

Pregunta 10

Pregunta
What is the difinition of a national brand?
Respuesta
  • Brand name carried in at least 60% of national stores
  • Brand that achieved national recognition
  • Brand that has achieved status of generic trademarks
  • Brand name owned by the producer of the product carrying the brand

Pregunta 11

Pregunta
In the Four Viewpoints model, what does the intended image refer to?
Respuesta
  • How insiders view the organization
  • How outsiders view the organization
  • How outsiders want others to see the organization
  • How insiders want others to see the organization

Pregunta 12

Pregunta
If Mariott Hotels suddenly breaks from its current strategy of sub-branding, which guidline of choosing a brand name would they have broken?
Respuesta
  • Appropriateness
  • Institutional Branding
  • Consistency
  • Protectabililty

Pregunta 13

Pregunta
Which of these is the best example of brand fit
Respuesta
  • Proctor and Gamble's broad reach
  • Lyft's name and logo
  • Xerox's accessibility
  • Kodak's distinctive name

Pregunta 14

Pregunta
Which of these companies could be said to follow the guideline on consciseness most closely?
Respuesta
  • Gap
  • Harley-Davidson Motor Company
  • American Eagle Outfitters
  • Jacobs by Marc Jacobs

Pregunta 15

Pregunta
In the Four Viewpoints model, which viewpoint refers to how people inside the organization view the organization?
Respuesta
  • Internal Reputation
  • Identity
  • Construed Image
  • Stakeholder

Pregunta 16

Pregunta
What is the difference between retailing and wholesaling?
Respuesta
  • retailers sells to individuals for end use; wholesalers sell to companies for resale/ company use
  • retailers sell to companies for resale/ company use; wholesalers sells to individuals for end use
  • retailers are unable to mark up prices; wholesalers are free to do so
  • wholesalers are unable to mark up prices; retailers are free to do so

Pregunta 17

Pregunta
In the acronym LAURA, the "U" stabds for understand. What should a marketing professional understand?
Respuesta
  • how the customer will discuss your product to others
  • how the product should be used
  • exactly what happened to cause the problem
  • whose fault the problem is

Pregunta 18

Pregunta
Company employees are only able to act (the last "A" in the acronym LAURA) if the problem was caused by an issue on the firm's side of the transaction.
Respuesta
  • True
  • False

Pregunta 19

Pregunta
Rachel goes to walmart to buy groceries, and checks out a cashier. When Rachel hands her cash to the Walmart employee, what kind of transaction has taken place?
Respuesta
  • Macine summons
  • Human customer, Machine service provider
  • Traditional Interactions
  • Automated Service Delivery

Pregunta 20

Pregunta
Technology has had little impact on organizational frontlines in most industries
Respuesta
  • True
  • False

Pregunta 21

Pregunta
Brands marketed as more luxury options (such as Lexus) are likely to utilize _______ distribution intensity.
Respuesta
  • broad-coverage
  • selective
  • intensive
  • strategically placed

Pregunta 22

Pregunta
A platform that recieves renting fees recieves those fees from the _________ and sharing those fees with the _____________.
Respuesta
  • recommender; seeker
  • owner; seeker
  • platform; owner
  • seeker; owner

Pregunta 23

Pregunta
What is the reason for so many levels existing between the producer and end-user?
Respuesta
  • convienience only
  • prices are lower across the board with a greater number of levels
  • each level adds some kind of value to the end user
  • each level makes some degree of money

Pregunta 24

Pregunta
Which of these is not a potential benefit of increasing a sharing economy?
Respuesta
  • realize potential market gains
  • return economic benefits
  • reduce enviromental and waste impact
  • reverse effects of eroding social trust

Pregunta 25

Pregunta
When it comes to compensation in a channel of distribution, __________ places the most important role.
Respuesta
  • replicability
  • relative importance
  • power
  • market share

Pregunta 26

Pregunta
When employees with high customer orientation are embedded in an organization that emphasizes (and benefits from) customer satisfaction, profits are likely to:
Respuesta
  • decrease
  • increase
  • stay the same
  • exponentially decrease

Pregunta 27

Pregunta
Customer orientation is impossible to "act" or expand.
Respuesta
  • True
  • False

Pregunta 28

Pregunta
What is role conflict?
Respuesta
  • when an employee is unsure about their role in the organization
  • when an employee has many roles that have time conflicts
  • when an employee in a job is asked to complete many, possibly conflicting tasks
  • when an employee in a job is unsure about the tasks necessary for a job

Pregunta 29

Pregunta
Discerning what someone else is thinking and feeling is defined as:
Respuesta
  • management
  • empathy
  • customer service
  • understanding

Pregunta 30

Pregunta
What kinds of jobs are the least likely to be automated?
Respuesta
  • those that make routine decisions only
  • those that deal with routine numbers
  • those that require empathy
  • those that utilize calculations only

Pregunta 31

Pregunta
Which of these is not a step in the personal selling process?
Respuesta
  • approach
  • close
  • prospecting
  • presentation

Pregunta 32

Pregunta
What are the two important outcomes in a marketing interaction?
Respuesta
  • repeat business and low prices
  • competitive advantage and posititve word of mouth
  • repeat business and positive word of mouth
  • profitability and efficiency

Pregunta 33

Pregunta
What are inside sales?
Respuesta
  • a type of sales in which companies within the same industry sell to each other
  • a type of sales in which inside departments sell to each others
  • a type of sales in which interactions are initiated by the buyer
  • a type of sales in which interactions are initiated by the seller

Pregunta 34

Pregunta
When does the initial contact with the potential consumer occur?
Respuesta
  • introduction
  • preapproach
  • approach
  • close

Pregunta 35

Pregunta
Prospecting needs to start with a large amount of potential customers
Respuesta
  • True
  • False

Pregunta 36

Pregunta
What is price skimming?
Respuesta
  • setting a low price to penetrate the market
  • setting a high price for a new product to skim maximum revenues
  • reintroducing an old product at a different price
  • offering customization at a price premium

Pregunta 37

Pregunta
what is market penetration?
Respuesta
  • setting a low price for a new product to penetrate the market
  • lowering the price of old products
  • jumping to a new target market
  • introducing a minimal version of an established product

Pregunta 38

Pregunta
Small changes in price do not have a very large impact on bottom line profits
Respuesta
  • True
  • False

Pregunta 39

Pregunta
Which of these do not happen in a "smart industry"
Respuesta
  • greater use of techniques from other fields
  • greater subtlety of pricing options
  • more complex pricing
  • companies fight with price only

Pregunta 40

Pregunta
What is ala carte pricing?
Respuesta
  • price determined by choice of rigind, set bundles
  • setting a high price to skim maximum revenues
  • variable rate for each customer
  • price assembled as you add options

Pregunta 41

Pregunta
Assume that Netflix has introduced a new bundle service for their streaming services. Bundle 1 includes a base price of $9 to cover 25 hours of streaming for the month and variable price of $0.10 for every 30 minutes over that 25hours.Bundle 2 includes no base price, but at a variable price of $0.25 for every 30minutes of streaming per month. When a consumer attempts decide which bundle to use, what are they determining?
Respuesta
  • Price elasticity
  • value of the brand
  • Effectiveness of bundling
  • Breakeven point

Pregunta 42

Pregunta
What is the main difference between equations for margin and mark-up
Respuesta
  • margin is (price-cost)/ cost and mark-up is (price-cost)/price
  • margin is (price-cost)/price and mark-up is (price-cost)/cost
  • There is no difference, they are synonyms
  • Margin is (price-competition)/price and mark-up is Price-competition

Pregunta 43

Pregunta
A change in price in an elastic market is likely to show ____ change in demand when compared to a similar change in an inelastic market.
Respuesta
  • greater
  • smaller
  • variable
  • equal

Pregunta 44

Pregunta
What is defined as responsiveness of demand to changes in price?
Respuesta
  • cost benefits
  • price variation
  • price elasticity
  • demand sensitivity

Pregunta 45

Pregunta
A grocer has purchased a truckload of frozen dinners for $3 each The grocer operates on a margin of 30% for frozen food items. What is the retail price to the consmer?
Respuesta
  • $4.29
  • $5.78
  • $2.60
  • $3.35

Pregunta 46

Pregunta
What is odd-even pricing?
Respuesta
  • a method used for clearance sales only
  • bundling product in odd or even numbered quantities
  • setting prices a few dollars or cents under an even number
  • setting prices at alternating odd and even values

Pregunta 47

Pregunta
Firm A is selling a product for $40, while their major competition is selling the same product for $50. Firm A is trying to decide whether to market their price as $10 off or 20%off." According to the majority of research, which strategy would be the most effective.
Respuesta
  • $10 off
  • There is no way to determine effectiveness
  • 20% off
  • They will be equally effective

Pregunta 48

Pregunta
When pricing a product in other countries, what should companies be sure to do?
Respuesta
  • nothing different from standard pricing strategy
  • always price up
  • always price down
  • set prices that cater to cultural beliefs

Pregunta 49

Pregunta
Psychoogical pricing is primarily concerned with
Respuesta
  • how consumers percieve the price
  • the elasticity of the stock market
  • how employees percieve the price
  • how competitors percieve the price

Pregunta 50

Pregunta
You should quote prices of related items for consumers to use as anchors because using unrelated products is always ineffective
Respuesta
  • True
  • False

Pregunta 51

Pregunta
The "Company" in the communication Triangle represents the
Respuesta
  • Frontline employees
  • Formal company management
  • Customers
  • Company reputation

Pregunta 52

Pregunta
The message put in place by the sender is always identical to the message received by the Receiver
Respuesta
  • True
  • False

Pregunta 53

Pregunta
What is the definition of Promotion?
Respuesta
  • the means of communication with the customer
  • the means of convincing customers to purchase your product
  • the means of communication with employees
  • the means of outbidding competitors in the market

Pregunta 54

Pregunta
What is noise?
Respuesta
  • Anything that interferes with the ability of the receiver to understand the intended message from the sender
  • Anything that interferes with the ability of the sender to understand the intended message from the receiver
  • The channel of communication between sender and receiver
  • The clear transmission of a message to the receiver

Pregunta 55

Pregunta
What is defined as the communications between the company and its customers
Respuesta
  • Interactive communication
  • Active advertising
  • External promotion
  • Internal promotion

Pregunta 56

Pregunta
Which one of these is not one of the Three C's?
Respuesta
  • Concise
  • Clear
  • Consistent
  • Committed

Pregunta 57

Pregunta
The goal of "inform and persuade" is targeted when the consumer base
Respuesta
  • is made of new or potential customers
  • Has demonstrated loyalty over several years
  • Is already knowledgeable about your product
  • Is made of existing customers

Pregunta 58

Pregunta
Advertisements should be run with _____ objectives in mind
Respuesta
  • ambiguous and attainable
  • obvious and committed
  • specific and measurable
  • adjustable and avoidable

Pregunta 59

Pregunta
Advertising is best though of as a(n):
Respuesta
  • dividend
  • ROI
  • Investment
  • Immediate payoff

Pregunta 60

Pregunta
What is a sales promotion?
Respuesta
  • Short term external promtion tactic designed to influence immediate purchase
  • a synonym for advertising
  • Price cuts only
  • Long term external promotion tactic designed to influence future purchase

Pregunta 61

Pregunta
Why is simplicity important for breaking through promtional clutter
Respuesta
  • Complex messages draw consumers in
  • Messages seen as too simple are ignored by consumers
  • Your message is the clearest when it is simple
  • Messages need to be full and complete

Pregunta 62

Pregunta
Which of these is not a goal of promotion?
Respuesta
  • Desire
  • Action
  • Awareness
  • Price Cuts

Pregunta 63

Pregunta
Can the order of the AIDA be changed? Why or why not?
Respuesta
  • Yes, each goal is individual and separate
  • No consumer reactions must drive the order
  • Yes, changing the order keeps the competitors on edge
  • No, each step must be achieved before moving to the next

Pregunta 64

Pregunta
Why is it crucial for a company to break through the promotional clutter?
Respuesta
  • Consumers are constantly, consciously evaluating messages
  • Promotional clutter can be used to a firm's advantage
  • Consumers have a limitedablity to register messages
  • Promotional clutter is the end goal of advertising

Pregunta 65

Pregunta
Promotion is ultimately about making
Respuesta
  • Effective exchanges between the seller and the customer
  • Good communicatin efforts between management and employees
  • Efficient exchange between suppliers and retailers
  • The best sale price possible

Pregunta 66

Pregunta
Compared to digital or broadcast advertising, print advertisements tend to lack
Respuesta
  • Flexibility
  • Words
  • Ingenuity
  • Clarity

Pregunta 67

Pregunta
The advertising examples given in the lecture videos best demonstrate which aspects of the SUCCESs model for cutting through clutter?
Respuesta
  • Simple and Unexpected
  • Credible and Promotional
  • Emotion and Concrete
  • Simple and Concrete

Pregunta 68

Pregunta
Print ads are no longer effective in today's world.
Respuesta
  • True
  • False

Pregunta 69

Pregunta
Which of these is not an example of print media advertising?
Respuesta
  • Newspapers
  • Magazines
  • Radio
  • Directories

Pregunta 70

Pregunta
Which of these is not a reason for the increasing popularity if digital marketing?
Respuesta
  • Cost-effective
  • Difficult to track effectivness
  • Interactive medium
  • Easily Targeted

Pregunta 71

Pregunta
Marketers tend to spend _______ on out-of-home advertisements compared to other methods.
Respuesta
  • The same
  • More
  • Less
  • Inconclusive amounts

Pregunta 72

Pregunta
only Gen X and Millenial demographics are represented on social media.
Respuesta
  • True
  • False

Pregunta 73

Pregunta
What is the main risk of using email promotions
Respuesta
  • Privacy issues
  • Cost of sending mail
  • Consumers ignoring mail
  • Cannot target email effectively

Pregunta 74

Pregunta
When determining which social media platform to use for marketing, what should marketing professionals consider?
Respuesta
  • How the platform fits with your product
  • Which platforms are most conveinient for the firm
  • Pay-per-click advertisements
  • What is cool or trendy

Pregunta 75

Pregunta
Only Certain demograpics can be reached using Facebook
Respuesta
  • True
  • False

Pregunta 76

Pregunta
Pinterest is the only social media platform that is ______- looking
Respuesta
  • Outward
  • Present
  • Forward
  • Backward

Pregunta 77

Pregunta
In social media marketing, who are you representing?
Respuesta
  • Your followers
  • Your brand
  • The media platform
  • Yourself

Pregunta 78

Pregunta
Which of these is a goal of SEO?
Respuesta
  • Be as selective as possible with viewership
  • Be a top result as often as possible
  • Focus only on on-site SEO
  • Include the maximum possible number of advertisments

Pregunta 79

Pregunta
The landing page is the same as the web home page
Respuesta
  • True
  • False

Pregunta 80

Pregunta
Which of these is not a characteristic of a good landing page?
Respuesta
  • Full company information
  • clear offer
  • simple form
  • quality content offer

Pregunta 81

Pregunta
What is the point of on-site SEO?
Respuesta
  • Prove to consumers that your content is popular
  • Increase Pay-per-click
  • improve business to business marketing
  • Prove to Google that your content is relevant

Pregunta 82

Pregunta
Targeting based on "where people have been" is known as
Respuesta
  • Forecasting
  • Remarketing
  • Market Segmenting
  • Coupon Rate

Pregunta 83

Pregunta
Google's display network is huge, with approximately _____________ monthly impressions
Respuesta
  • One trillion
  • 6 billion
  • a hundred thousand
  • 10 million

Pregunta 84

Pregunta
New advertisements are often required for every possible size on online display.
Respuesta
  • True
  • False

Pregunta 85

Pregunta
Online display advertising is exactly the same as pay-per-click
Respuesta
  • True
  • False

Pregunta 86

Pregunta
Most Services are delivered via which kind of channel distribution?
Respuesta
  • Indirect Channel
  • Direct Channel

Pregunta 87

Pregunta
What is the supply chain?
Respuesta
  • Organizations and activities involved with the flow of products from raw materials to the customers
  • Promotions and offers involoved with the flow of activities from raw materials to the customer.
  • Products and services involved with the flow of cash from the consumer to the firm
  • None of the above

Pregunta 88

Pregunta
How many entities are in a direct channel of distribution
Respuesta
  • Two
  • Four or More
  • Three
  • Four

Pregunta 89

Pregunta
Marketing as a field of stuy originally broke off from which academic discipline?
Respuesta
  • Engineering technology
  • Industrial technology
  • Organizational behavior
  • Agricultural economics

Pregunta 90

Pregunta
There are ____________ intermediaries in most channels of distribution
Respuesta
  • zero
  • one or more
  • exactly two
  • five or more

Pregunta 91

Pregunta
Why are wholesalers, distributors, etc. not described as common intermediaries for services?
Respuesta
  • Most services are delivered directly
  • Service intermediaries are retailers and agents
  • All intermediaries are used equally for delivery of services
  • Services do not follow a marketing channel

Pregunta 92

Pregunta
Which of these is not a marketing function?
Respuesta
  • Physical distribution and warehousing
  • Manufacturing
  • Promotion
  • Risk-taking

Pregunta 93

Pregunta
According to the article, bananas must be monitored for what throughout the supply chain process?
Respuesta
  • Ripeness
  • Price
  • Taste
  • Size

Pregunta 94

Pregunta
What is defined as a channel intermediary that resells products to consumers?
Respuesta
  • Retailer
  • Agent/Broker
  • Wholesaler
  • Distributor

Pregunta 95

Pregunta
What is a significant difference between how Agents/ Brokers conduct business when compared to other types of intermediaries?
Respuesta
  • agents/ brokers take ownership of the product for less than one year
  • Agents/ Brokers charge more per product sold
  • Agents/ Products work on behalf of the end consumer
  • Agents/ brokers never take ownership of the product.

Pregunta 96

Pregunta
What makes a marketing channel a vertical marketing system?
Respuesta
  • The channel is managed by a single channel member
  • Power goes to the member that makes the most money
  • Size of each channel member is roughly equal
  • The channel’s power is equally split between all members

Pregunta 97

Pregunta
Which of the following marketing functions typically are not taken on by the franchisee?
Respuesta
  • Risk taking
  • Physical distribution
  • Promotion
  • Financing

Pregunta 98

Pregunta
The relationship and responsibilities of the franchisee are very clearly spelled out by the franchiser.
Respuesta
  • True
  • False

Pregunta 99

Pregunta
Which of these is the best example of Contractual VMS?
Respuesta
  • Retailing
  • Ownership
  • Franchising
  • Agent/Broker

Pregunta 100

Pregunta
What is defined as the use of a variety of marketing channels to ensure maximum distribution?
Respuesta
  • Market analysis
  • Consumer-based decisions
  • Multichannel distribution
  • Intermediary distribution

Pregunta 101

Pregunta
Which of these is the correct sequence in the Anticipatory Supply Chain?
Respuesta
  • Buy components, Buy Materials, Sell, Produce
  • Manufacture, Warehouse, Sell, Deliver
  • Warehouse, Manufacture, Deliver, Sell
  • Forecast, Manufacture, Deliver, Buy components

Pregunta 102

Pregunta
What is the correct timeline for the Responsive Supply Chain?
Respuesta
  • Manufacture, Warehouse, Sell, Deliver
  • Forecast, Manufacture, Buy components, Deliver
  • Sell, Buy Components, Manufacture, Deliver
  • Buy components, Buy Materials, Sell, Produce

Pregunta 103

Pregunta
Customers in the Responsive supply chain can take on a(n) __________ role
Respuesta
  • Active
  • Passive
  • Competitive
  • Neutral

Pregunta 104

Pregunta
What has been the dominant supply chain model since the Industrial Revolution?
Respuesta
  • Anticipatory Supply Chain
  • Recognition Supply Chain
  • Responsive Supply Chain
  • None of these

Pregunta 105

Pregunta
Customers are always the group that requires the most attention from the firm.
Respuesta
  • True
  • False

Pregunta 106

Pregunta
Integris Hospital in Oklahoma City has forecasted a growing population in the surrounding area, but is also facing a significant nursing shortage. Which aspect of the Marketing Environment is Integris most likely to be focused on?
Respuesta
  • Customers
  • Shareholders
  • Intermediaries
  • Employees

Pregunta 107

Pregunta
What are the two key words in the definition of the Marketing Environment?
Respuesta
  • None of these
  • Dynamic; Context
  • Operate; Compete
  • Competitors; decisions

Pregunta 108

Pregunta
What is defined as groups and organizations that can exert a direct influence on the firm’s ability to accomplish its goals?
Respuesta
  • Immediate Enviroment
  • Regulators
  • Competitors
  • External Enviroment

Pregunta 109

Pregunta
A firm should focus on creating a set of __________, ____________ exchanges with the environment
Respuesta
  • Immediate; external
  • Marketing; inexepensive
  • Sustainable; favorable
  • Competitive; analytical

Pregunta 110

Pregunta
Which of these is not an Intermediary in the Immediate Environment?
Respuesta
  • All of these are intermediaries
  • Retailers
  • Wholesalers
  • Creditors

Pregunta 111

Pregunta
The old CEO of Uber was fired by the board of directors of his company, and Uber therefore had a significant change in leadership of the firm. Which aspect of the Immediate Environment created this change?
Respuesta
  • Suppliers
  • Shareholders
  • Customers
  • Intermediaries

Pregunta 112

Pregunta
In the 2000s, Microsoft came out with the first portable music player – the Zune. When Apple came out with the iPod, consumers viewed it as an improved product when compared to the Zune. From Microsoft’s perspective, which actor in the Immediate Environment was most responsible for the change in their sales?
Respuesta
  • Employees
  • Shareholders
  • Intermediaries
  • Competitors

Pregunta 113

Pregunta
In 2011, Japan was hit with significant natural disasters. Japan is home to many of the supplier companies that car manufacturers depend on. From these manufacturers’ perspective, which actor in the Immediate Environment affected them the most?
Respuesta
  • Natural Disaster
  • Employees
  • Suppliers
  • Shareholders

Pregunta 114

Pregunta
The exchange between the firm and its employees consists of:
Respuesta
  • The employees’ time and skills; the firm’s money
  • The employees’ expertise; the firm’s education
  • None of these
  • The employees’ money; the firm’s time and skills

Pregunta 115

Pregunta
Extremism in politics has the ability to affect businesses in that country.
Respuesta
  • True
  • False

Pregunta 116

Pregunta
Consumer values are moving towards environmental sustainability, and this sentiment has the ability to change how firms both produce products and dispose of waste.
Respuesta
  • True
  • False

Pregunta 117

Pregunta
What is defined as climate, weather, and natural resources that affect human survival and economic activity?
Respuesta
  • Political/ Legal Enviroment
  • Social Enviroment
  • Economic Enviroment
  • Natural Enviroment

Pregunta 118

Pregunta
Which aspect of the External Environment is associated with raw materials that go into the production of products?
Respuesta
  • Economic Enviroment
  • Political/ Legal Environment
  • Natural Enviroment
  • Social Enviroment

Pregunta 119

Pregunta
What is defined as the general state of learning and innovation?
Respuesta
  • Economic Enviroment
  • Technological Enviroment
  • Political/Legal Enviroment
  • Social Enviroment

Pregunta 120

Pregunta
Environmental scanning is mainly concerned with looking for:
Respuesta
  • External opportunities and threats
  • Internal opportunities and threats
  • Internal strengths and weaknesses
  • External strengths and weaknesses

Pregunta 121

Pregunta
Companies must be _________ when scanning the environment for opportunities and threats.
Respuesta
  • Proactive
  • Reactive
  • Formal
  • Detailed

Pregunta 122

Pregunta
Environmental scanning must be done as formally as possible to get reliable information.
Respuesta
  • True
  • False

Pregunta 123

Pregunta
Strategic Windows will be obvious to a firm when it is planning its strategy.
Respuesta
  • True
  • False

Pregunta 124

Pregunta
What is defined as an organization’s appraisal of its internal Strengths and Weaknesses and its external Opportunities and Threats?
Respuesta
  • Competitor Evaluation
  • Environmental Scanning
  • Price Analysis
  • SWOT Analysis
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