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Stichworte: firms competitive environment
What term refers to the knowledge, skills, and abilities of a firms workers?
If firms are earning zero economic profits, they must be producing at an output level at which
Why would a competitive firm stay in business if it made zero economic profit
________ is the process through which people receive and interpret information from the environment.
How can competitive profit be zero in the long run who will work for nothing?
Why would foreign firms export a product at less than its cost of production?
Which one of the following is not an appropriate reason why firms try to grow?
What is the importance of strategic leadership in business firms organization?
If the Fed is going to create an environment for economic progress it should focus on
What type of strategies are concerned with the question how should we compete?
Includes initiative and risk taking, as well as competitive aggressiveness and boldness
The ratio of earnings to sales for a given time period is a firms profit margin.
Which command is used to register a system without using graphical environment?
The ______ market environment includes customers, the company, and competitors.
Why is the statement of cash flows important in evaluating a firms performance?
Which form of market environment includes customers, the company, and competitors?
What is the main difference between a firm’s immediate and external environments?
Entry of new firms into monopolistically competitive industries is relatively easy because
What are the three aspects of human capital that enhance competitive advantage?
Which of the following is least likely to be a low-cost leadership competitive advantage?
In the above figure the monopolistically competitive firm makes an economic profit of
How might a given country’s regulatory environment impact a firm’s international strategy?
Which of the following is part of the immediate environment to understanding the marketing environment?
When firms see distribution partners as rivals this is known as channel conflict
Is a type of unsecured promissory note issued by large financially strong firms?
The process by which individuals that are better adapted to their environment survive and reproduce
By increasing the perceived value of a firms products or services, a firm will be able to
If a firm operating in a competitive industry shuts down in the short run, it can avoid paying
A strategy in which firms collaborate to achieve a shared objective is known as:
Which of the following are questions managers can ask to help assess an organizations environment
What is the term to describe the parts of our culture that our tangible creations of our physical environment?
What are the similarities and differences between an EFE matrix and an IFE Matrix?
Which of the following firms is most likely to identify avoiding risks as an objective?
Social disorganization theory focuses on which of the following conditions in the urban environment?
Which of the following is likely to be present in a perfectly competitive market?
How does a sustainable competitive advantage differ from a competitive advantage?
A major advantage of using games for learning is to create a highly competitive environment
What does the firm want to learn when using this external environmental analysis?
A ____ business sells directly to consumers products manufactured by other firms.
What changes have occurred in the lobbying environment over the past four decades?
Which of the following is a characteristic of a firm in a perfectly competitive market?
Giving students a choice of playing a competitive game or a cooperative game is an example of
The above figure illustrates a perfectly competitive firm. curve c represents the
Technical controls alone, when properly configured, can secure an it environment.
A business’s positive impact on the environment and stakeholders is encouraged through:
A ___________________ merger joins two firms operating in different stages of business.
Unlike a monopolistic firms product, a monopolistically competitive firms product
Age, race, gender, and other statistics are part of a companys _____ environment.
Control systems help monitor which of the following building blocks of competitive advantage?
Which step in developing a marketing plan includes an analysis of the marketing environment?
The political factors impacting on the organization business environment which not included
What is the difference between a low cost strategy and a differentiation strategy?
Which of the following are characteristics of a monopolistic competitive industry?
Which theory states that learning is a result of interaction with the environment?
How is economy related to sustainability and environmental factors in development?
Which of the following is true about a perfectly competitive firm in the long run?
The new employee is introduced to the immediate working environment and co workers
Why should successful managers recognize opportunities and threats in their companys external environment?
It is an environment where both living and non-living things exist and interact with one another.
Why is a weighted competitive strength analysis superior to an unweighted analysis?
Which of the following is an advantage that small firms have over large businesses?
Which of the following business tools focus on a firms external threats and opportunities?
What is true of price in a long run equilibrium in a perfectly competitive industry?
The firms overemphasis on cost reduction and short-term profits will increase the size of the
Individuals choices depend largely on the ________ that exist in their social environment.
Why is a competitive firms marginal cost curve regarded as its supply curve quizlet?
Analysis of the external environment of an organization identifies the organizations
Which of the following statements is true of perfectly competitive firms in long run equilibrium?
The supreme court ruling in bechtel v competitive technologies inc. upheld which federal law?
To maximize its profit in the short run, a perfectly competitive firm decides Quizlet
Assume a constant-cost industry that is initially in long-run competitive equilibrium
How can you develop strategies to be competitive in the industrial world of business?
Which of the following is characteristic of a purely competitive sellers demand curve?
What will be true when a perfectly competitive market reaches a long run equilibrium?
Can be a microenvironment that can affect the company ability to serve its customers?
Why is it important for any organization to study and understand external environment?
What strategy involves seeking ownership of or increased control over a firms competitors?
Which of the following types of organization structures would be most appropriate in a unstable environment?
Which phase brings all the project pieces together into a special testing environment?
Which of the following is most likely to be observed in a monopolistically competitive market Mcq?
Which of the following is not a characteristic of a sustainable competitive advantage?
What approach deals with an organization changing its interaction with the environment because of the preferences of its customers?
The two biggest factors that distinguish one competitive strategy from another concern
The process that enables organisms to become better suited to their environment is ___.
What type of competitive advantage does a best cost provider strategy aim at achieving what does a company have to do to achieve this advantage?
Which component of the marketing environment pertains to the income expenditures and resources that affect the cost of running a business or household?
Why is it misleading to compare a companys financial ratios with those of other firms that operate within the same industry?
Aggregate planning for service firms with high-volume tangible output is directed toward
What phase of reality shock does the new employee start to adjust to the new environment?
Different management ideologies affect the development of national competitive advantage
Which of the following statements best describes the influence of biology and environment on emotional development multiple choice question?
All of the following are strategies market leaders can utilize to remain competitive EXCEPT
Middle managers make long range strategic decisions about the firms products and services
Which of the following is employed in scenarios where the network parameters and environment are expected to remain constant?
How does value innovation achieve sustained competitive advantage for the innovating company
Can some bacteria can acquire DNA from their environment by a process called transformation?
Is a major competitive dimension that forms a companys strategic operational competitive position in their strategic planning?
What is the term used for the bundle of goods and services that are provided in some environment by every service operation quizlet?
What effect does bringing together the skills and knowledge of members from different parts of the organization have on a firms responsiveness to customers?
What is the term for the deliberate assessment of internal and external factors that can affect the organizations?
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