quiz-gpt3
.docx
keyboard_arrow_up
School
La Trobe University *
*We aren’t endorsed by this school
Course
5IRA
Subject
Economics
Date
Apr 3, 2024
Type
docx
Pages
3
Uploaded by ElderScience13774
Assessment 5: Market Analysis Quiz
Question 1:
Which of the following industries is least likely to be impacted by changes in consumer preferences?
a. Fashion retail
b. Grocery stores
c. Mobile phone manufacturers
d. Travel and tourism
Question 2:
Which of the following is NOT a factor that might affect the supply chain of a company?
a. Labor strikes
b. Natural disasters
c. Changes in government regulations
d. Stock market volatility
Question 3:
In which industrial sector would Apple Inc. (AAPL) most likely be categorized?
a. Consumer Discretionary
b. Technology
c. Healthcare
d. Financials
Question 4:
Which of the following industries is most likely to experience seasonal fluctuations in demand?
a. Healthcare services
b. Real estate
c. Holiday resorts
d. Waste management
Question 5:
Which of the following would be a key consideration in conducting a Porter's Five Forces analysis for a company?
a. Market share trends
b. Revenue growth projections
c. Supplier power
d. Employee satisfaction levels
Question 6:
In which industrial sector would Coca-Cola Company (KO) be classified?
a. Consumer Staples
b. Industrials
c. Utilities
d. Energy
Question 7:
Which of the following is likely to lead to increased profitability in an industry?
a. Economic recession
b. Decrease in production costs
c. Increase in competition
d. Stringent government regulations
Question 8:
If a company's products are considered luxury items that consumers typically purchase during economic booms, what type of business would it be classified as?
a. Growth
b. Cyclical
c. Defensive
d. Mature
Question 9:
If a company has been experiencing rapid expansion and market dominance over the past few years, what stage of the typical company life cycle would it likely be in?
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Toyota decides to locate a new manufacturing plant
in Southern Illinois because that region of the U.S. is
where most of the major auto parts vendors have
traditionally been located. This example illustrates
which concept associated with the business-to-
business market?
The difficulty associated with business
A
buying decisions
The geographic concentration and/or
clustering of similar industries
Businesses purchase in large volume/
C
quantities
Business demand is based on consumer
D
demand
B
arrow_forward
1 Would you say chart 4 is a technical or a fundamental analysis
2 give a reason for your answer
arrow_forward
Help me with these practise economics questions please. I need help marking my own work
arrow_forward
Big Miners at Odds Over Whether Worst Has Passed - Wall Street Journalby: Rhiannon Hoyle (see images below)
1) How do potential changes in the Chinese economy affect the demand for minerals as well as the decisions made by mining companies?
2) Why is it difficult for mining companies to get the timing right with regard to the development of new mines?
3) “Mining typically follows an about four-year boom-to-bust cycle….” Is there any reason why they cannot use their historical data make their investment decisions and demand forecasts?
4) Mining companies are facing a potential “high price for mineral commodities” state of the economy and a potential “low price” state. Why then are they visiting factories and scrapyards?
5) How do environmental policies affect the demand for coal? Why are mining companies concerned about their ability to predict changes in environmental policies?
arrow_forward
Creative Homework/Short Project As an account executive with a market research firm, you are responsible for deciding on the type of research to be used in various studies conducted for your clients. for each of the following client questions, list your choices of research approaches. a. Will TV or mobile device advertising be more effective for a local bank to use in its marketing communication plan? b. Should a California winemaker operating on a national scale switch from bottling its mid-tier wine ($9 to $15 per bottle) with corks to bottling it with screwcaps? c. Are consumers more likely to buy brands from firms that support strong sustainability initiatives? d. What existing features of an e-commerce site selling clothing to women are most important for making a purchase decision?
arrow_forward
re-check all values please
arrow_forward
Please answer 21, 22, 23. Thank you!.
21. In order to enter a new market, your company decides to price its primary product relative to the price of the major competitor in the new market. To do so, which of the following should it consider?
Group of answer choices
a. The price that makes operations most efficient
b. The competitor’s cost of goods sold
c. Your company’s cost of goods sold
d. The competitor’s retail price
22. Unfortunately, Eastside Retail Store’s business has been falling off since Megastore came to the neighborhood. Chris, the sole owner, has to decide whether he will close the store or not. Two items are especially weighing in the decision. He has personally guaranteed a lease that has 2 years remaining on it (at $5,000 per month). He should keep the store open if the margin, not considering this lease, is at least
Group of answer choices
a. $1 after paying himself a market wage
b. Enough to cover the rent
c. $30,000
d. $1 with his foregoing…
arrow_forward
Economics:
Is the healthcare industry "too big to fail?"
arrow_forward
Topic: Marginal Analysis Study Case
Presentation of Data
Clearly and logically presented tables/graphs/diagrams/formulas/definitions, that are labelled correctly, used appropriately, and reflect the data presented in Question prompt
i.e.
Express Data presented in Question prompt
Describe/Define any theory/concepts needed for the analysis
List any formulas that will be needed for the analysis
arrow_forward
Subject: Manegerial economics & policy
Following are examples of typical economic decisions made by the managers of a firm.Determine whether each is an example of what, how, or for whom.a. Should the company make its own spare parts or buy them from an outside vendor?b. Should the company continue to service the equipment that it sells or ask customers touse independent repair companies?c. Should a company expand its business to international markets or concentrate on thedomestic market?d. Should the company replace its own communications network with a “virtual privatenetwork” that is owned and operated by another company?e. Should the company buy or lease the fleet of trucks that it uses to transport its productsto market?
arrow_forward
economics
Assigned company Name: BAXTER INTERNATIONAL
analyze strategy threats using Michael Porter’s Five Forces analysis.
Provide a brief introduction to your assigned company (e.g. what is its business, in what market is it, how long has it been in business, etc.)
Apply each of Porter’s five forces to your assigned company, indicating the threat level (e.g., high, moderate or low), why you have made this assessment.
Do NOT make recommendations for addressing these threats; only provide your assessment of the threats.
Include a graphic of the Five Forces model that provides a bulleted synopsis of your assessment for each of the five forces.
PLEASE HELP WITH ALL THE BULLET POINTS PLEASE
arrow_forward
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
Subject: Manegerial economic & policy
(need different ans)
arrow_forward
What is a difference between technology businesses and other small businesses?
Question 6 options:
Technology businesses never start in garages, basements, kitchens, or dorm rooms, while some other types of small businesses can start in these places.
Technology businesses have lower initial startup costs than other small businesses.
Technology businesses require greater capital and have higher initial startup costs than other small businesses.
Technology businesses are the only type of small business that uses technology.
Technology businesses are less innovative than other small businesses.
arrow_forward
Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
Answer to part D&E are required
arrow_forward
Español
The pie chart below shows the percentage of total revenue that a publisher receives from various types of publications. Use this chart to
answer the questions below.
(a) Which category accounts for approximately one-fifth of the
publisher's total revenue?
Select One
(b) Approximately what percentage of the total revenue comes
from Magazines and Paperbacks combined?
Textbooks
Cookbooks
Write your answer as a multiple of 10% - that is, 10%, 20%,
30%,
Nonfiction
Рoetry
Magazines
(c) If the revenue from Cookbooks is 20% of the total revenue,
approximately what percentage of the total revenue comes from
Poetry?
Paperbacks
10%
20%
40%
50%
arrow_forward
1. Demonstrate an understanding of the coordinate system by using it to outline the relationship between economic variables.
2. What is marketing?
3. Explain the concepts of value chain and supply chain?
arrow_forward
Use the following information for questions 36-48
Transcendent Technologies is deciding between developing a complicated thought-activated software, or a simple voice-activated software. Since the thought-activated software is complicated, it only has a 30% chance of actually going through to a successful launch, but would generate revenues of $50million if launched. The voice-activated software is simple and hence has a 80% chance of being launched but only generates a revenue of $10million. The complicated technology costs 10million, whereas the simple technology costs 2million.
Launching the simplified version would be a mistake for probabilities less than ___?
a.
0.6
b.
0.7
c.
0.8
d.
1.0
arrow_forward
The main distinction between applied and basic business research is that:
a.
basic research does not have to be carried out in a scientific manner
b.
basic research undertaken to make a contribution to existing knowledge, whereas applied research is undertaken specifically to solve a current problem
c.
applied research is aimed at solving a currently problem, whereas knowledge gained by the findings of basic research cannot be applied by organizations to solve their own problems
d.
none of the above
arrow_forward
3b worksheet economics for the virtual enterprise answer key
arrow_forward
Problem: An art museum is opening a new
exhibit soon and wants to know what
percentage of museum attendees will return to see
the new exhibit. During two afternoons, a Thursday
and a Saturday, they ask randomly-selected people
exiting the museum, "Would you consider returning
for our exciting new exhibit opening in two weeks?"
What was good about this survey? What could be
improved?
arrow_forward
(11)
Capital is a factor of production that has been produced for use in the production of other goods and services. Which of the following is an example of capital?
Select one:
a. money
b. airports
c. lumber
(12)
Which of the following are conditions of perfect competition?
Select one:
a. All firms sell identical products.
b. There are few buyers and sellers
c. Consumers have little relevant information to make rational buying decisions.
arrow_forward
Economics
British American Tobacco (BAT) runs the largest private sector run afforestation program in Bangladesh. BAT Bangladesh initiated its afforestation program in 1980 when the forest department called on the private sector to support its endeavor to conserve the forests. BAT has contributed around 110 million saplings to the country’s afforestation initiative over the last 4 decades. As a large corporation BAT pays a significant amount of corporate tax to Bangladesh Government; recognized as one of the highest income tax paying companies in the country for the tax year 2019-20 in the last five years, the company has deposited more than Tk3,600 crore as Income Tax and Tk88,000 crore as VAT, to the National Exchequer. BAT enjoys the status of being one of the most high profile companies that are doing business in Bangladesh.
a) Based on the above provide two reasons, with brief explanations, as to why BAT was involved in the afforestation program?
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education
Related Questions
- Toyota decides to locate a new manufacturing plant in Southern Illinois because that region of the U.S. is where most of the major auto parts vendors have traditionally been located. This example illustrates which concept associated with the business-to- business market? The difficulty associated with business A buying decisions The geographic concentration and/or clustering of similar industries Businesses purchase in large volume/ C quantities Business demand is based on consumer D demand Barrow_forward1 Would you say chart 4 is a technical or a fundamental analysis 2 give a reason for your answerarrow_forwardHelp me with these practise economics questions please. I need help marking my own workarrow_forward
- Big Miners at Odds Over Whether Worst Has Passed - Wall Street Journalby: Rhiannon Hoyle (see images below) 1) How do potential changes in the Chinese economy affect the demand for minerals as well as the decisions made by mining companies? 2) Why is it difficult for mining companies to get the timing right with regard to the development of new mines? 3) “Mining typically follows an about four-year boom-to-bust cycle….” Is there any reason why they cannot use their historical data make their investment decisions and demand forecasts? 4) Mining companies are facing a potential “high price for mineral commodities” state of the economy and a potential “low price” state. Why then are they visiting factories and scrapyards? 5) How do environmental policies affect the demand for coal? Why are mining companies concerned about their ability to predict changes in environmental policies?arrow_forwardCreative Homework/Short Project As an account executive with a market research firm, you are responsible for deciding on the type of research to be used in various studies conducted for your clients. for each of the following client questions, list your choices of research approaches. a. Will TV or mobile device advertising be more effective for a local bank to use in its marketing communication plan? b. Should a California winemaker operating on a national scale switch from bottling its mid-tier wine ($9 to $15 per bottle) with corks to bottling it with screwcaps? c. Are consumers more likely to buy brands from firms that support strong sustainability initiatives? d. What existing features of an e-commerce site selling clothing to women are most important for making a purchase decision?arrow_forwardre-check all values pleasearrow_forward
- Please answer 21, 22, 23. Thank you!. 21. In order to enter a new market, your company decides to price its primary product relative to the price of the major competitor in the new market. To do so, which of the following should it consider? Group of answer choices a. The price that makes operations most efficient b. The competitor’s cost of goods sold c. Your company’s cost of goods sold d. The competitor’s retail price 22. Unfortunately, Eastside Retail Store’s business has been falling off since Megastore came to the neighborhood. Chris, the sole owner, has to decide whether he will close the store or not. Two items are especially weighing in the decision. He has personally guaranteed a lease that has 2 years remaining on it (at $5,000 per month). He should keep the store open if the margin, not considering this lease, is at least Group of answer choices a. $1 after paying himself a market wage b. Enough to cover the rent c. $30,000 d. $1 with his foregoing…arrow_forwardEconomics: Is the healthcare industry "too big to fail?"arrow_forwardTopic: Marginal Analysis Study Case Presentation of Data Clearly and logically presented tables/graphs/diagrams/formulas/definitions, that are labelled correctly, used appropriately, and reflect the data presented in Question prompt i.e. Express Data presented in Question prompt Describe/Define any theory/concepts needed for the analysis List any formulas that will be needed for the analysisarrow_forward
- Subject: Manegerial economics & policy Following are examples of typical economic decisions made by the managers of a firm.Determine whether each is an example of what, how, or for whom.a. Should the company make its own spare parts or buy them from an outside vendor?b. Should the company continue to service the equipment that it sells or ask customers touse independent repair companies?c. Should a company expand its business to international markets or concentrate on thedomestic market?d. Should the company replace its own communications network with a “virtual privatenetwork” that is owned and operated by another company?e. Should the company buy or lease the fleet of trucks that it uses to transport its productsto market?arrow_forwardeconomics Assigned company Name: BAXTER INTERNATIONAL analyze strategy threats using Michael Porter’s Five Forces analysis. Provide a brief introduction to your assigned company (e.g. what is its business, in what market is it, how long has it been in business, etc.) Apply each of Porter’s five forces to your assigned company, indicating the threat level (e.g., high, moderate or low), why you have made this assessment. Do NOT make recommendations for addressing these threats; only provide your assessment of the threats. Include a graphic of the Five Forces model that provides a bulleted synopsis of your assessment for each of the five forces. PLEASE HELP WITH ALL THE BULLET POINTS PLEASEarrow_forwardNote:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Principles of Economics (12th Edition)EconomicsISBN:9780134078779Author:Karl E. Case, Ray C. Fair, Sharon E. OsterPublisher:PEARSONEngineering Economy (17th Edition)EconomicsISBN:9780134870069Author:William G. Sullivan, Elin M. Wicks, C. Patrick KoellingPublisher:PEARSON
- Principles of Economics (MindTap Course List)EconomicsISBN:9781305585126Author:N. Gregory MankiwPublisher:Cengage LearningManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage LearningManagerial Economics & Business Strategy (Mcgraw-...EconomicsISBN:9781259290619Author:Michael Baye, Jeff PrincePublisher:McGraw-Hill Education
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education