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Competition in Entrepreneurship.d

Competition in Entrepreneurship.d

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80 вопросов Вариант 1 Доступ 7 дней
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Вопросы и варианты

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Вопрос 1

As far as Competition in entrepreneurship is concern, BCA is an acronym for

  1. Business Competitive Analysis
  2. Bracket Competitive Analysis
  3. Business Committee Analysis
  4. Business Competitive Authority
Вопрос 2

CI is an acronym for

  1. Competitive Intelligence
  2. Crucial Intelligence
  3. Capital Intelligence
  4. Artificial Intelligence
Вопрос 3

…is generally viewed as the process by which organizations gather actionable information about competitors and the competitive environment and, ideally, apply it to their planning processes and decision-making in order to improve their enterprise's performance.

  1. CI
  2. BI
  3. AI
  4. CII
Вопрос 4

…is a word used today to describe almost every decision and/or action taken, when in reality there is a clear mix of the no less valuable, tactical decision-making taking place.

  1. Strategy
  2. Skill
  3. Capacity
  4. Process
Вопрос 5

Strategic decisions typically all except:

  1. Accounting only
  2. Address at least a medium-term time horizon, at best long-term (time)
  3. Occur infrequently or emerge from a formalized planning cycle (frequency)
  4. Require significant input from key people (effort)
Вопрос 6

The key to identification of a …is that they are the ones typically made by senior executives, managing directors, and/or the senior management team.

  1. Strategic decision
  2. methodology of pricing
  3. Pricing techniques
  4. Investment
Вопрос 7

Competitive analysis is the cornerstone of effective…

  1. Strategy formulation
  2. Return on Investment
  3. Break even analysis
  4. Auditing
Вопрос 8

The skilled application of scientific and non-scientific methods and processes by which individuals interpret data or information to produce insightful intelligence findings and actionable is called recommendations for decision makers.

  1. Analysis
  2. Examination
  3. Audition
  4. Risk assessment
Вопрос 9

CINs in competitive analysis stands for

  1. Critical intelligence needs
  2. Critical intelligence knowledge
  3. Criminal intelligence needs
  4. Competitive intelligence needs
Вопрос 10

CIPs stands for

  1. Competitive Intelligence Programs
  2. Crucial Intelligence Programs
  3. Crucial International Programs
  4. Classical Intelligence Programs
Вопрос 11

Which is not a The Competitive Context Facing Contemporary Enterprises

  1. Easy profit
  2. Explosion of access to cheap and fast information
  3. Maturation of industries and businesses: Many industries that were
  4. Loss of traditional means of competitive structuring and advantage
Вопрос 12

Analysis is the most important process underlying how decision makers make sense of their…

  1. Competitive and strategic environment
  2. Profit
  3. ROI
  4. Breakeven
Вопрос 13

The first questions any analyst must answer are

  1. Who are my analysis customers? and What are their critical needs?
  2. How much profit?
  3. What is the ROI?
  4. When is the breakeven point?
Вопрос 14

CRM means

  1. Customer relationship management
  2. Calculation relationship management
  3. Customer relationship manager
  4. Care relationship management
Вопрос 15

Decision makers' intelligence needs into all except

  1. Government authority
  2. Strategic decisions and actions
  3. Early-warning topics
  4. Descriptions of key marketplace players
Вопрос 16

In competitive analysis, KITs is an acronym for

  1. Key Intelligence Topics
  2. Knight Intelligence Topics
  3. Key Intelligence Themes
  4. Capital Intelligence Topics
Вопрос 17

A popular adaptation in understand of entrepreneurship competition is the Key Intelligence Topics (KITs) approach advocated by

  1. Jan P. Herring
  2. Jan K. Herring
  3. John P. Herring
  4. Jonathan Herrick
Вопрос 18

P in STEEP analysis, stands for

  1. Political
  2. Social
  3. Environmental
  4. Technological
Вопрос 19

P in PESTLE analysis, stands for

  1. Political
  2. Social
  3. Environmental
  4. Technological
Вопрос 20

In competitive analysis, CTI is the acronym for

  1. Competitive Technology Intelligence
  2. Customer Technology Intelligence
  3. Competitive Technology Instances
  4. Competitive Tenancy Intelligence
Вопрос 21

…is not part of the Four-Level Hierarchical Model of Analysis

  1. The Money
  2. The individual analyst
  3. The organizational
  4. The external environment
Вопрос 22

…is the environment within which the analyst performs their task is also responsible for less effective analysis outcomes.

  1. The internal organizational environment
  2. The external organizational environment
  3. The individual analyst
  4. Economy
Вопрос 23

The major environmental factors in which competition is carried out is all except

  1. Ownership
  2. Growing range of competitive factors
  3. Complexity and turbulence
  4. Data overload
Вопрос 24

…is not an Internal Organizational-Level Failures

  1. Breakeven point
  2. Clients cannot specify their critical intelligence needs or questions
  3. Under-resourcing the analysis function
  4. Lack of analysis-specific IT support
Вопрос 25

…is not a strategy for overcoming the barriers and improving analysis performance?

  1. Loan
  2. Provide Empowerment
  3. Realize the Value of Analysis
  4. Ask the Right Questions
Вопрос 26

…is a critical component of competition in aiding executives in their decision making

  1. Analysis
  2. Assessment
  3. Examination
  4. Control
Вопрос 27

…is not a source of failure in business competition

  1. Finances
  2. Analysis project planning
  3. Data-gathering error
  4. Tool- and technique-related error
Вопрос 28

Individual Analyst-Level Failures in Business competition is caused by all except

  1. Strategy
  2. Different natural analytical abilities
  3. Naturally limited mental capacities
  4. Natural motivation
Вопрос 29

Analysis Bias can be all of the following except

  1. ROI
  2. Estimation Bias
  3. Escalating Commitment
  4. Groupthink
Вопрос 30

Competition has historically occurred using the traditional marketing mix tactics along the "7Ps" dimensions. The 7Ps are

  1. Product, price, place, promotion, participants/people, physical-evidence, and process.
  2. Politics, price, place, promotion, participants/people, physical-evidence, and process.
  3. Product, price, place, promotion, participants/people, physical-evidence, and potential.
  4. Product, rice, place, promotion, participants/people, physical-evidence, and piggery.
Вопрос 31

Which of this tool is not a strategic analysis is for Environmental analysis?

  1. SWOT
  2. STEEP Analysis
  3. PESTLE Analysis
  4. Porter's Five Forces
Вопрос 32

Porter's five forces are all of the following except

  1. Pricing
  2. Competition in the industry
  3. Potential of new entrants into the industry
  4. Power of suppliers
Вопрос 33

The number and power of a company's competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence a company's

  1. Profitability
  2. STEEP Analysis
  3. PESTLE Analysis
  4. Porter's Five Forces
Вопрос 34

The ability that customers have to drive prices lower or their level of power is one of the five forces.

  1. Power of Customers
  2. Competition in the industry
  3. Potential of new entrants into the industry
  4. Power of suppliers
Вопрос 35

In Porter's Five Forces, companies that produce goods or services for which there are no close substitutes will have more power to increase prices and lock in favorable terms. This is

  1. Threat of Substitutes
  2. Competition in the industry
  3. Potential of new entrants into the industry
  4. Power of suppliers
Вопрос 36

Most environmental analysis is based on the assumption that … is not the sole explanation of all that occurs within the industry?

  1. Industry analysis
  2. PESTLE Analysis
  3. Porter's Five Forces
  4. Power of Customers
Вопрос 37

In Competitive analyses, … encompasses both the physical and biological environments within which firms operate

  1. Ecological
  2. Economic
  3. Technological
  4. Political
Вопрос 38

In Competitive analyses … is the economic component of the general environment indicates the distribution and uses of resources within an entire society.

  1. Economic
  2. Technological
  3. Business
  4. Profit
Вопрос 39

In Competitive analyses … is the Digital communication, biotechnology, chemicals, energy, and medicine are only a few of the fields in which major technological changes have opened new areas to commercial competition.

  1. Technological
  2. Political
  3. Ecological
  4. Economic
Вопрос 40

… sometimes termed the competitive or market environment

  1. Operating environment
  2. Process environment
  3. Organic environment
  4. Social environment
Вопрос 41

BCG is an acronym for

  1. The Boston Consult Group
  2. The Beatle Consult Group
  3. The Boston Consult Gravity
  4. The Boston Conservative Group
Вопрос 42

…is conducted to enable a firm to make strategic plans in relation to its current competitive position

  1. Competitive positioning analysis
  2. Competitive position
  3. Competitive analysis
  4. Competitive
Вопрос 43

...may be to preserve an advantage, attempt an improvement, or withdraw from a market.

  1. Competitive positioning analysis
  2. Competitive position
  3. Competitive analysis
  4. Competitive
Вопрос 44

A firm's ... refers to its place in an industry or market in comparison with its competitors.

  1. Competitive position
  2. Competitive positioning analysis
  3. Competitive analysis
  4. Competitive
Вопрос 45

... evolved around the same time as positioning

  1. Strategic planning and management
  2. Strategic planning only
  3. Strategic management only
  4. Management structure
Вопрос 46

... is also the name given to the action of strategically changing a firm's position in the marketplace.

  1. Competitive positioning
  2. Competitive position
  3. Competitive analysis
  4. Competitive
Вопрос 47

There are four basic directions for any competitive strategy are all, Except

  1. Strategic planning and management
  2. To develop and build on a firm's position
  3. To maintain and hold a firm's strong market position
  4. To defend a dominant position
Вопрос 48

There are three broad situations where a firm may wish to develop and build its position are all, except.

  1. A Management structures
  2. A niche firm looking to expand its business
  3. A minor competitor seeking to become a dominant force
  4. A firm in a position of joint dominance wishing to move to sole dominance
Вопрос 49

...growth-share matrix provides a graphic representation of markets, products and services, which can be useful in judging where to focus resources.

  1. The Boston Consult Group (BCG)
  2. STEEP Analysis
  3. PESTLE Analysis
  4. Porter's Five Forces
Вопрос 50

...is a process that divides your market into distinct groups of clients who share particular characteristics.

  1. Market segmentation
  2. Market Force
  3. Market Strategy
  4. Marketing
Вопрос 51

In competitive analysis, a …has been defined as the core logic by which a firm creates customer value.

  1. Business model
  2. Business methodology
  3. Buy model analysis
  4. Business modelling analysis
Вопрос 52

In competitive analysis, BMA is an acronym for

  1. Business model analysis
  2. Business methodology analysis
  3. Buy model analysis
  4. Business modelling analysis
Вопрос 53

The elements of the business model for companies to consider are the following except

  1. Competitive strategy
  2. The value proposition in the positions it adopts.
  3. The market segments it chooses to serve or avoid.
  4. Its revenue model (or models) and the resulting profit potential.
Вопрос 54

In competitive analysis, the dynamism of the business world must be translated to the …for a firm to remain in a leadership position

  1. Model
  2. Method
  3. Technique
  4. Features
Вопрос 55

…is the set of which activities a firm performs, how it performs them, and when it performs them, as it uses its resources to perform activities, given its industry to create superior customer value and put itself in a position to appropriate that value

  1. A business model
  2. Business methodology analysis
  3. Buy model analysis
  4. Business modelling analysis
Вопрос 56

Which of this, is not an element of business model?

  1. Business modelling analysis
  2. Value proposition
  3. Market segment
  4. Value chain and cost models
Вопрос 57

…element of the business model represents the revenue model and resulting profit potential.

  1. Revenue models
  2. Value proposition
  3. Market segment
  4. Value chain and cost models
Вопрос 58

… element of the business model represents how the firm seeks to gain a sustainable competitive advantage.

  1. Competitive strategy
  2. Revenue models
  3. Value proposition
  4. Market segment
Вопрос 59

… element of the business model represents the value of the product or service from the customer's perspective and how the product addresses customer's needs

  1. Value proposition
  2. Competitive strategy
  3. Revenue models
  4. Value proposition
Вопрос 60

During competition in entrepreneurship, the best time to have a business model is start of …

  1. Strategy development stage
  2. Financing stage
  3. Launching level
  4. Investment stage
Вопрос 61

Which of this is not an elements of the McKinsey 7-S Framework?

  1. Price
  2. Strategy
  3. Structures
  4. Systems
Вопрос 62

Which Elements of the McKinsey 7-S Framework represent the organization's plan for building and maintaining a competitive advantage over its competitors

  1. Strategy
  2. Structures
  3. Systems
  4. Staff
Вопрос 63

Which Elements of the McKinsey 7-S Framework represent the daily activities and procedures that staff use to get the job done.

  1. Systems
  2. Price
  3. Strategy
  4. Structures
Вопрос 64

Which Elements of the McKinsey 7-S Framework represent how your company is organized

  1. Structures
  2. Systems
  3. Price
  4. Strategy
Вопрос 65

Which Elements of the McKinsey 7-S Framework represent the core values of the organization and reflect its general work ethic.

  1. Shared Values
  2. Price
  3. Strategy
  4. Structures
Вопрос 66

To apply the McKinsey 7-S Model in your organization, you must do all, except

  1. Plan without looking for elements
  2. Start with your shared values
  3. Look at the hard elements
  4. Look at the soft elements
Вопрос 67

When dealing with McKinsey 7-S Model, element ‘Strategy’, the following are to be asked except

  1. What is the price?
  2. What is our strategy?
  3. How do we intend to achieve our objectives?
  4. How do we deal with competitive pressure?
Вопрос 68

When dealing with McKinsey 7-S Model, element ‘Structure’, the following are to be asked except

  1. What is our strategy?
  2. How is the company/team divided?
  3. What is the hierarchy?
  4. How do the various departments coordinate activities?
Вопрос 69

When dealing with McKinsey 7-S Model, element ‘Staff’, the following are to be asked except

  1. How do we intend to achieve our objectives?
  2. What positions or specializations are represented within the team?
  3. What positions need to be filled?
  4. Are there gaps in required competencies?
Вопрос 70

Elements of the McKinsey 7-S Framework can be divided into

  1. Hard and Soft Elements
  2. Good and Bad Elements
  3. Black and White Elements
  4. True and False Element
Вопрос 71

…is a method by which an organization identifies and examines key facets of another entity and then implements the learning from the examination into its own operations.

  1. Benchmarking
  2. Bench-making
  3. Product level
  4. Strategy
Вопрос 72

The first BCA application of benchmarking started in the … through the practice of competitive financial ratio comparison.

  1. Mid-1950s
  2. Mid-1960s
  3. Mid-1980s
  4. Mid-1920s
Вопрос 73

One of the first firms to use benchmarking, or "industry tours" as the Japanese called them, was …

  1. Toyota
  2. BWM
  3. GE
  4. Emaar
Вопрос 74

The original focus of benchmarking in the 1980s and early 1990s was more at the …

  1. Product level
  2. Strategy level
  3. Organization level
  4. Process Level
Вопрос 75

The main advantage of Benchmarking is that, if properly employed,

  1. It can help a firm gain an advantage over its competition
  2. It attracts revenue
  3. It increases profit
  4. It increases expenses
Вопрос 76

Benchmarking takes the form of

  1. Comparative analysis
  2. Assessment for growth
  3. Assessment for expansion
  4. Increases profit
Вопрос 77

During competition in entrepreneurship, KPI is an acronym for

  1. Key Performance Index
  2. Quick Performance Index
  3. Key Price Index
  4. Key Pride Index
Вопрос 78

…is not a types of benchmarking

  1. Profit benchmarking
  2. Internal benchmarking
  3. Competitive/external benchmarking
  4. Global best practice benchmarking
Вопрос 79

Which competitive benchmarking concerns benchmarking against recognized world leaders in the relevant parameter regardless of the industry in which they are operating.

  1. Global best practice benchmarking
  2. Profit benchmarking
  3. Internal benchmarking
  4. Competitive/external benchmarking
Вопрос 80

Which competitive benchmarking involves the measurement and comparison of best practices within the firm.

  1. Internal benchmarking
  2. Global best practice benchmarking
  3. Profit benchmarking
  4. Competitive/external benchmarking