MGT 450 Week 2 Quiz (Variant 2)

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1. A situational monopoly is one of the following

2. When looking at environmental data, it is important to

3. A company that is not actively pursuing opportunities won’t be in business very long

4. Strategic thinking is best done during the annual strategic-planning process

5. Value innovation seeks to pursue differentiation and low-cost simultaneously

6. Competitors in an industry that produce more or less the same product have bargaining power over their buyers

7. Which of the following is not an economic variable?

8. Which factor is typically not included in an industry-attractiveness analysis?

9. What is at the core of blue-ocean strategy?

10. Which of the following is not an industry driving force?