Accounting

12656 WordsDec 21, 201251 Pages
Chapter 2—The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis TRUE/FALSE 1. The health-related concerns in the general environment facing Philip Morris International are part of the physical segment. ANS: F PTS: 1 DIF: Medium REF: 36 OBJ: 02-01 TYPE: comprehension NOT: AACSB: Ethical & Legal understanding | Management: Ethical Responsibilities | Dierdorff & Rubin: Managing the task environment 2. The external environment facing business stays relatively constant over time. ANS: F PTS: 1 DIF: Easy REF: 34-35 OBJ: 02-01 TYPE: comprehension NOT: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing the task environment 3.…show more content…
ANS: T PTS: 1 DIF: Medium REF: 41 OBJ: 02-03 TYPE: knowledge NOT: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing the task environment 14. The Strategic Focus case example of the premium-priced home builders who discovered the trend towards desiring smaller homes illustrated the application of the external environmental analysis process by these builders. ANS: T PTS: 1 DIF: Medium REF: 42 OBJ: 02-03 TYPE: application NOT: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing the task environment 15. Age structure, geographic distribution, income distribution, interest rates, and process innovations are all elements of concern when studying the demographic segment of the general environment. ANS: F PTS: 1 DIF: Medium REF: 43-45 OBJ: 02-04 TYPE: comprehension NOT: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing the task environment 16. In recent times, businesspeople have become more confident in the ability of economists to provide valid and reliable predictions about the world’s economic environment. ANS: F PTS: 1 DIF: Easy REF: 45 OBJ: 02-04 TYPE: comprehension NOT: AACSB: Business Knowledge
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