Two of the five competitive forces that shape a company’s strategic activities are:
Two of the five competitive forces that shape a company’s strategic activities are:
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question
Two of the five competitive forces that shape a company’s strategic activities are:
a.The bargaining opportunities of buyers and sellers.
b.The intensity of support among existing competitors.
c.The opportunities for new entrants in the market.
d.The bargaining power of buyers and sellers.
According to Porter, select one of the major forces that shape the strategy of a company.
a.The threat of suppliers in the market.
b.The bargaining power of buyers only.
c.The threat of new entrants in the market.
d.The bargaining power of new entrants.
Which business process exposes obvious areas for improvement?
a.The work system process.
b.The value chain process.
c.The as-is process.
d.The to-be process.
What type of information system would provide critical information from a wide variety of internal and external sources?
a.Management information system.
b.Executive information system.
c.Knowledge management system.
d.Strategic information system.
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