11 Changes in long-term industry growth rate is an example of what concept?

Select one:

a. Key success factors

b. Porter's 5 Forces

c.Potential Driving Force

d. Barriers to Entry

12 Which barrier to entry has to do with a company's need to acquire permits before commencing operations?

Select one:

a.Government Regulation

b. Codes of Conduct

c. Company Policy

d. Customer Policy

13 Product Innovation is an example of what concept?

Select one:

a.Five forces analysis

b.Potential Driving Force

c. SMART

d. Barriers to Entry

14 Which barrier to entry explains why a university might have vending machines with only Pepsi products but no Coca-Cola products?

Select one:

.Codes of Conduct

b. Government Regulations

.Limited Access to Distribution Channels

d. Strong Customer Loyalty

15 Which economic condition considers the breadth of competitors from anywhere in the world?

Select one:

a. Variability of customers

b. Scope of Rivalry

c. Industry Growth Rate

d. All of the above

16 Which of the following indicates a high bargaining power of suppliers?

Select one:

a. Many suppliers exist

b. The suppliers provide a unique input

c.The suppliers are small in size

d.The suppliers are unable to forward vertically integrate

17 Calculating Return on Assets is helpful because:

Select one:

a.It shows how much money the company can retain or reinvest

b. It shows how much the company earns per dollar it had invested in assets

C It can help managers determine which assets do not help create revenue

d. B& C

e. A, B& C

18 Notes payable falls under what section of a company's balance sheet?

Select one:

.Financing Cash Flows

b. Assets

c.Owner's Equity

d. Liabilities

19 Common Stock falls under what section of a company's balance sheet?

Select one:

a.Owner's Equity

b.Assets

c.Liabilities

d.Financing Cash Flows

20 When conducting a VRIO Analysis, a resource that is hard to imitate is

Select one or more:

a.Very expensive to replace

b.Expected to appreciate in value in the near future

c Is growing more important each year