A) partners/suppliers
B) shareholders/investors
C) community
D) customers
241) Which group of stakeholder’s primary interests include fair compensation, job security, and ethical conduct/treatment?
A) employees
B) shareholders/investors
C) community
D) customers
242) Which group of stakeholder’s primary interests include professional associations, ethical recycling, and increasing employment?
A) employees
B) shareholders/investors
C) community
D) customers
243) What is a feature of a product or service on which customers place a greater value than they do on similar offerings from competitors?
A) competitive advantage
B) competitor advantage
C) power advantage
D) first-mover advantage
244) Which of the following evaluates a project’s position?
A) SWOT analysis
B) Five Forces Model
C) value chain analysis
D) three generic strategies
245) What is a SWOT analysis?
A) evaluates an organization’s strengths, weaknesses, opportunities, and threats to identify significant influences that work for or against business strategies
B) analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry
C) views a firm as a series of business processes, each of which adds value to the product or service
D) generic business strategies that are neither organization- nor industry-specific and can be applied to any business, product, or service
246) What evaluates industry attractiveness?
A) SWOT analysis
B) Five Forces Model
C) value chain analysis
D) three generic strategies
247) What is Porter’s Five Forces Model?
A) evaluates an organization’s strengths, weaknesses, opportunities, and threats to identify significant influences that work for or against business strategies
B) analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry
C) views a firm as a series of business processes, each of which adds value to the product or service
D) generic business strategies that are neither organization- nor industry-specific and can be applied to any business, product, or service
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