BUS433New Business Strategy_week2_quiz

These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.

Date Taken:

5/4/2015

Time Spent:

10 min , 30 secs

Points Received:

8 / 10  (80%)

Question Type:

# Of Questions:

# Correct:

Multiple Choice

10

8

Grade Details - All Questions

Question 1.

Question :

In a matrix structure, employees have _______ reporting arrangements.

Student Answer:

 multiple

 single

 dual

 triple

Points Received:

1 of 1

Comments:

Question 2.

Question :

Scale economies relate to

Student Answer:

 per-unit costs

 selling prices

 bargaining power of suppliers

 bargaining power of customers

Points Received:

1 of 1

Comments:

Question 3.

Question :

Which of the following is NOT one of Porter’s five industry forces?

Student Answer:

 existing rivals

 new entrants

 complementors

 substitutes

Points Received:

1 of 1

Comments:

Question 4.

Question :

The immediate context in which the firm operates is the _______ environment.

Student Answer:

 stakeholder

 resource

 macro

 industry

Points Received:

1 of 1

Comments:

Question 5.

Question :

__________ and barriers to exit characterize unattractive industries.

Student Answer:

 undercapacity

 overcapacity

 high entry barriers

 less homogeneous products

Points Received:

1 of 1

Comments:

Question 6.

Question :

The economic climate would fall under the ________ environment.

Student Answer:

 industry

 macro

 resource

 stakeholder

Points Received:

1 of 1

Comments:

Question 7.

Question :

The most sensible choice if one’s company cannot be the dominant player in its industry is to _____________.

Student Answer:

 scale economies

 differentiate product

 exit

 increase capital

Points Received:

0 of 1

Comments:

Question 8.

Question :

Companies that depend on just a few suppliers and have nowhere else to go for critical inputs are in a _______ position.

Student Answer:

 strong

 weak

 moderate

 commanding

Points Received:

1 of 1

Comments:

Question 9.

Question :

By value, Porter essentially meant _______.

Student Answer:

 power

 logistics

 strength

 profit

Points Received:

0 of 1

Comments:

Question 10.

Question :

__________ constrain the prices of industry’s products.

Student Answer:

 New entrants

 Existing rivals

 Complementors

 Substitutes

Points Received:

1 of 1

Comments: