University of North Dakota

MGMT 475

Quiz 2

1)New Jersey and New York have the highest state taxes in the United States. They also have high ratios of people moving out compared to people moving into the state. This impacts the

                         aspect of demographic analysis.

2. When analysts develop feasible projections of future events and how quickly they will occur based on observed changes and trends, they are engaged in:
3. Exit barriers to a firm include all of the following EXCEPT:
4. High-level maintenance on aircraft is performed by the manufacturer. This service after the sale means that in the aircraft industry:
5. The three parts of the external environment that affect a firm's strategic actions are:
6. For a restaurant business dependent on drive-thru customers, the major cost disadvantage independent of scale would be if:
7. In a suburban community outside a city in Alabama, a retail store opened that specialized in dancewear for children and adults. It was moderately successful for five years until the local newspaper published an exposé that scanty lingerie stocked in the back of the store's showroom was selling briskly to a certain clientele. Afterward, the store lost most of its customers and nearly closed. Which of the following segments of the environment did the store owners fail to take into account when they began selling the lingerie?
8. The environmental segments that make up the general environment typically will NOT include:
9. Economies of scale refers to the fact that as the quantity of product produced in a given time period                                      , the cost of manufacturing each unit                       .
10. An owner of a stable of racehorses has been earning below-average returns for more than 15 years. To a colleague, he expressed his determination to stay in horse racing until he died because "racing is in my blood." This individual is probably still racing horses because of:
11. Mighty Green, a residential lawn chemical manufacturer, is committed to gaining market share in its industry. Mighty Green:
12. Customer loyalty programs such as airline frequent flyer miles are an attempt to: