“� � � Question 1 � � � � � � Collecting and evaluating information on competitors is essential for successful � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 2 � � � � � � The process of performing an external audit needs to include � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 3 � � � � � � What level of bargaining power do consumers have when the products being purchased are standard or undifferentiated? � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 4 � � � � � � ________ perhaps has instituted the most protectionist measures in recent months by raising tariffs on most imports and subsidizing its own exports. � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 5 � � � � � � If suppliers are unreliable or too costly, which of these strategies may be appropriate? � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 6 � � � � � � Hawaii, California, and ________ already have no majority race or ethnic group. � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 7 � � � � � � In general, what happens to American goods in overseas markets when there is a strong dollar? � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 8 � � � � � � Which of the states below has the youngest average population? � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 9 � � � � � � What are educated assumptions about future trends and events called? � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 10 � � � � � � The responsibilities of a director of competitive analysis include all of the following except: � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 11 � � � � � � What is the first step in designing an EFE Matrix? � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 12 � � � � � � Many economists say the current rash of trade constraints will make it ________ for global economic growth to recover from the global recession. � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 13 � � � � � � Freund emphasizes that key external factors should be all of these except: � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 14 � � � � � � A total weighted score of _______ in an EFE Matrix indicates that the firm’s strategies are not capitalizing on opportunities or avoiding external threats. � � � � � � � � � � � � � � � � � � � � � � � � “� � � Question 15 � � � � � � Without assumptions, planning would be
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