Question
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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