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University of North Dakota MGMT 475 Quiz 2 1)New Jersey and New York have the highest state taxes in the United States

Management Jun 25, 2021

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.

 

  1. When analysts develop feasible projections of future events and how quickly they will occur based on observed changes and trends, they are engaged in:
  2. Exit barriers to a firm include all of the following EXCEPT:
  3. High-level maintenance on aircraft is performed by the manufacturer. This service after the sale means that in the aircraft industry:
  4. The three parts of the external environment that affect a firm's strategic actions are:
  5. For a restaurant business dependent on drive-thru customers, the major cost disadvantage independent of scale would be if:
  6. 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?
  7. The environmental segments that make up the general environment typically will NOT include:
  8. 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                       .
  9. 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:
  10. Mighty Green, a residential lawn chemical manufacturer, is committed to gaining market share in its industry. Mighty Green:
  11. Customer loyalty programs such as airline frequent flyer miles are an attempt to:

 

  1. Coca-Cola and PepsiCo have been accused of contributing to the obesity problem in the United States. This accusation comes from the                                        segment of the general environment
  2. BP, in response to the Deepwater Horizon oil spill, expected increased scrutiny from which of the following segments of the general environment?
  3. All of the following are aspects of the political/legal segment of the general environment EXCEPT:
  4. Understanding how new knowledge can develop new products, processes, or materials is a result of analyzing the                                segment of the general environment.
  5. The Department of Defense buys aircraft from U.S. companies for national security reasons. This is an example of a                                    barrier to entry.
  6. The observation that China reached automotive production overcapacity in 2015, and has a glut of extra cars, is an aspect of the                                         segment of the general environment.
  7. Green design, sustainable packaging, waste management, and energy efficiency are aspects of the

                         segment of the general environment that companies have sought to address with environmental sustainability initiatives.

  1. Acme Valves, Inc., has been a successful player in the oil field supply industry in the last 15 years. Acme maintained its strategy and product characteristics over this time period. However, the company has experienced declines in sales and profits over the last four quarters. The CEO of Acme should:

 

 

 

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