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Please answer all questions: Question 6 6) PESTEL analysis: a. refers to the political and legal environment a business faces b. refers to the economic

Please answer all questions:

Question 6

6) PESTEL analysis:

a. refers to the political and legal environment a business faces

b. refers to the economic and social environment a business faces

c. refers to the technological environment a business faces

d. all of the above

Question 7

7) An emergent strategy and a planned strategy are related because:

a. what is planned always emerges

. b. what emerges is always planned

c. an emergent strategy alters a planned strategy if a business faces new circumstances

d. a planned strategy alters an emergent strategy if a business faces changed circumstances

Question 8

8) A growing business may benefit from:

a, diseconomies of scale

b. economies of scale

c.the synergy of working with another business and sharing resources

d. both (b) and (c)

Question 9

9) Businesses can combine through::

a. a merger

b. a takeover

c. a divestiture

d. both (a) and (b)

Question 10

10) Which of the following is an example of horizontal integration:

a. a car manufacturer buys another car manufacturer

b. a car manufacturer buys a tire manufacturer

c. a car manufacturer buys a car retail outlet

d. a car manufacturer buys a farm equipment retail outlet

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