Ashford BUS433 Week 2 Quiz

BUS 433 (Ashford) – New Business StrategyBUS 433 Week 2 Quiz1.Question : The strategist should examine the ______ and ______ of an industry.development, evolutiondevelopment, attractivenessstructure, developmentstructure, attractiveness2. Question : ____________ sees the organization as a combination of resources, capabilities, and competencies.IO economicsThe RBVThe stakeholder viewThe industrial economics view3. Question : In a matrix structure, employees have _______ reporting arrangements.multiplesingledualtriple4. Question : _________ theory explains how to scrutinize, investigate, and break down an organization’s strengths and weaknesses.StakeholderIOManagementMacroenvironmental5. Question : The most sensible choice if one’s company cannot be the dominant player in its industry is to _____________.scale economiesdifferentiate productexitincrease capital6. Question : __________ constrain the prices of industry’s products.New entrantsExisting rivalsComplementorsSubstitutes7. Question : Scale economies relate toper-unit costsselling pricesbargaining power of suppliersbargaining power of customers8. Question : Which of the following is NOT one of Porter’s five industry forces?existing rivalsnew entrantscomplementorssubstitutes9. Question : By value, Porter essentially meant _______.powerlogisticsstrengthprofit10. Question : ___________ provide access to new markets, give customers benefits, and are difficult for competitors to imitate.ResourcesCapabilitiesCompetenciesCore competencies