Which of the following is a key external factor that should be taken into account by a Corporate Strategy ?A. Economic Conditions B. Political Conditions C. Legal Environment D. Competition

Which of the following is a key external factor that should be taken into
account by a Corporate Strategy ?
A. Economic Conditions
 B. Political Conditions
 C. Legal Environment
 D. Competition
by

1 Answer

Answer :

Legal Environment
by

Related questions

The external environment factor that includes: Factors that have a less immediate effect on a business such as the nation's rate of inflation or recession, unemployment rate, or standard of living, is (a) Political factors ; (b) Sociological factors ; (c) Indirect economic factors ; (d) Direct economic factors

Description : The external environment factor that includes: Factors that have a less immediate effect on a business such as the nation's rate of inflation or recession, unemployment rate, or standard of living, is ... ; (b) Sociological factors ; (c) Indirect economic factors ; (d) Direct economic factors

Last Answer : ; (c) Indirect economic factors ;

The external environment factor that states: The values and culture that affect the way people feel about the organization they are in and about work itself is: (a) Sociological factors ; (b) Political factors ; (c) Economic factors ; (d) Psychological factors

Description : The external environment factor that states: The values and culture that affect the way people feel about the organization they are in and about work itself is: (a) Sociological factors ; (b) Political factors ; (c) Economic factors ; (d) Psychological factors

Last Answer : (a) Sociological factors ; 

What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. b) The CAGE framework analyses bilateral differences and commonalities between two countries. c) The CAGE framework is a broad framework to help managers understand the environment in which their business operates. d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Description : What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. ... d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Last Answer : The CAGE framework analyses bilateral differences and commonalities between two countries.

A marketing manager for a small computer manufacturer is analyzing the potential effects of political, legal, social, and economic forces on the firm's operations. The marketing manager is examining the _____________ that influence(s) the firm's strategy 1. operating situation 2. marketing environment 3. trends 4. economic conditions 5. none of these

Description : A marketing manager for a small computer manufacturer is analyzing the potential effects of political, legal, social, and economic forces on the firm's operations. The marketing manager is examining the ... situation 2. marketing environment 3. trends 4. economic conditions 5. none of these

Last Answer : marketing environment

A marketing manager for a small computer manufacturer is analysing the potential effects of political, legal, social, and economic forces on the firm's operations. The marketing manager is examining the __________that influence(s) the firm's strategy. A)operating situation B)marketing environment C)trends D)economic conditions

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Last Answer : B)marketing environment

PESTLE analysis is: a) a broad framework to help managers understand the environment in which their business operates. b) a checklist to ask how political, economic, strategic or technological developments can influence an industry and a company. c) a checklist for forecasting political, economic, strategic or technological factors. d) a framework for strategic analysis of internal and external environment

Description : PESTLE analysis is: a) a broad framework to help managers understand the environment in which their business operates. b) a checklist to ask how political, economic, strategic or ... strategic or technological factors. d) a framework for strategic analysis of internal and external environment

Last Answer : a broad framework to help managers understand the environment in which their business operates.

Which of the following is NOT an advantage of Strategic Management ? A. It provides organizations with a clearer sense of direction and purpose B. It helps improve the political, economic, social and technological environment of the Orgn C. It helps orientate Mgt. decisions to relevant environmental conditions D. It helps organizations be proactive than reactive

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Last Answer : It helps improve the political, economic, social and technological environment of the Orgn

Which of the following statements is not true when describing a successful strategy? Select one: a. It fulfills its CSR obligations. b. It provides the means for renewing competitive advantage c. It addresses changes in the external environment d. It guarantees long term survival

Description : Which of the following statements is not true when describing a successful strategy? Select one: a. It fulfills its CSR obligations. b. It provides the means for renewing competitive advantage c. It addresses changes in the external environment d. It guarantees long term survival

Last Answer : It fulfills its CSR obligations

Which of the following statements is not true when describing a successful strategy? a) It provides some property that is unique or distinctive b) It provides the means for renewing competitive advantage c) It addresses changes in the external environment d) It guarantees long term survival

Description : Which of the following statements is not true when describing a successful strategy? a) It provides some property that is unique or distinctive b) It provides the means for renewing competitive advantage c) It addresses changes in the external environment d) It guarantees long term survival

Last Answer : It guarantees long term survival

If Coca-Cola wished to examine its general environment before constructing its business strategy, the company would explore all of the following environments except (a) Sociocultural ; (b) Knowledge ; (c) Global ; (d) Economic

Description : If Coca-Cola wished to examine its general environment before constructing its business strategy, the company would explore all of the following environments except (a) Sociocultural ; (b) Knowledge ; (c) Global ; (d) Economic

Last Answer : (b) Knowledge ;

Which of the following are elements of International Strategy framework? A. Trade policies B. Lingual Advancements C. Economic Stability D. Climatic conditions

Description : Which of the following are elements of International Strategy framework? A. Trade policies B. Lingual Advancements C. Economic Stability D. Climatic conditions

Last Answer : Trade policies

An analysis of the economic segment of the external environment would include all of the following EXCEPT …. A. Interest rates. B. International trade tariffs C. Strength of the U.S. dollar. D. Move toward a contingent outsourcing workforce.

Description : An analysis of the economic segment of the external environment would include all of the following EXCEPT …. A. Interest rates. B. International trade tariffs C. Strength of the U.S. dollar. D. Move toward a contingent outsourcing workforce.

Last Answer : Move toward a contingent outsourcing workforce.

An analysis of the economic segment of the external environment would include all of the following EXCEPT …. A. Interest rates. B. International trade tariffs C. Strength of the U.S. dollar. D. Move toward a contingent outsourcing workforce.

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Last Answer : Move toward a contingent outsourcing workforce.

P.E.S.T.L.E. is an abbreviation for….. A. Political, Economic, Social, Technological, Legal and Environmental. B. Political, Economic, Supply-chain, Technological, Legal and Environmental. C. Political, Economic, Supply-chain, Technological, Legal and E-businessD. None of these options is correct..

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Last Answer : Political, Economic, Social, Technological, Legal and Environmental

P.E.S.T.L.E. is an abbreviation for….. A. Political, Economic, Social, Technological, Legal and Environmental. B. Political, Economic, Supply-chain, Technological, Legal and Environmental. C. Political, Economic, Supply-chain, Technological, Legal and E-business. D. None of these options is correct.

Description : P.E.S.T.L.E. is an abbreviation for .. A. Political, Economic, Social, Technological, Legal and Environmental. B. Political, Economic, Supply-chain, Technological, Legal and Environmental. C. ... , Economic, Supply-chain, Technological, Legal and E-business. D. None of these options is correct.

Last Answer : Political, Economic, Social, Technological, Legal and Environmental.

The Strategic Management Process is ------------- : A. A set of activities that is guaranteed to prevent Organizational failure B. A process concerned with a Firm’s Resources, Capabilities & Competences but not the conditions in it’s external environment C. A set of activities that to-date have not been used successfully in the not-for-profit sector D. A dynamic process involving the full set of commitments, decisions and actions related to the Company

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Last Answer : A dynamic process involving the full set of commitments, decisions and actions related to the Company

Which Environment can create new market and new business segments? A. Political Environment B. Economic Environment C. Socio- Cultural Environment D. Technological Environment

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Sharon Moro, office manager at Willow Manufacturing stated, “We‟d had manufacturing work cells in place for at least two years, but change didn‟t really happen until we added teamwork.” To effectively integrate teamwork into their corporate strategy, all of the following actions were undertaken by Willow except: (a) Old ways were readily discarded. (b) Everyone’s input was sought and valued (c) Individual employee success was recognized and celebrated. (d) Employees believed in what they were doing.

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Which of the following are elements of International Strategy framework? A. Climatic Conditions B. Country specific migrants C. Lingual Advancements D. Factor Conditions

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The Diamond Model suggests that four factors determine a firm's competitive advantage: a) 1) home demand conditions; 2) home supply conditions; 3) firm strategy and structure; 4) supporting industriesb) 1) home demand and factor conditions; 2) firm strategy, structure and rivalry; 3) related industries; 4) supporting industries.c) 1) home demand conditions; 2) home factor conditions; 3) firm strategy, structure and rivalry; 4) related and supporting industries.d) 1) home demand conditions; 2) home supply; 3) firm strategy; 4) related andsupporting industries.

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Last Answer : home demand conditions; 2) home factor conditions; 3) firm strategy, structure and rivalry; 4) related and supporting industries

Matrices like BCG Growth Share & GE Mckinsey Business Portfolio are use to evaluate___________________? A. Business Level Strategy B. Product Level Strategy C. Corporate Level Strategy D. Functional Level Strategy

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Last Answer : All of these options are correct

Corporate Level Strategy decides… A. ‘How’ to compete in an industry? B. How to create and maintain competitive advantage in selected industry. C. Industry specific diversification strategies. D. None of these two options are correct

Description : Corporate Level Strategy decides… A. ‘How’ to compete in an industry? B. How to create and maintain competitive advantage in selected industry. C. Industry specific diversification strategies. D. None of these two options are correct

Last Answer : None of these two options are correct

Strategy Formulation, Implementation and Evaluation activities occur at three hierarchical levels in a large diversified Organization: Corporate, Divisional and Functional

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Corporate Level Strategy decides… A. ‘Where’ to compete? B. Definition of business C. Deployment of resources. D. All of these options are correct

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Corporate Level Strategy decides… A. ‘How’ to compete in an industry? B. How to create and maintain competitive advantage in selected industry. C. Industry specific diversification strategies. D. None of these two options are correct

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Last Answer : None of these two options are correct

Decisions regarding which industries to compete in are the concern of: Select one: a. Functional level strategy b. Mergers and acquisitions. c. Business level strategy. d. Corporate level strategy

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Stability Strategy is a _______________ strategy a. Business level b. Corporate level c. strategic leveld. Functional

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Marketing Strategy is a ___________ type of this strategy a. Growth strategy b. Business level c. Corporate d. Functional

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The word tactic is most likely to be associated with: a. Business Strategy b. Corporate strategy c. Operational Strategy d. All of the above

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Marketing Strategy is a ----------------- type of Strategy : A. Business level B. Growth Strategy C. Corporate Strategy D. Functional Strategy

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Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

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Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

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Which of the following defines what business the Firm is in or should be in? A. Business Strategy B. Corporate Strategy C. Functional Strategy D. Financial Strategy

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An optimal business partner in a successful international strategic alliance should have two key qualitiesa) Corporate culture fit and national culture fitb) Partner-related criteria and task-related criteriac) Cultural fit and trustd) Strategic fit and cultural fit:

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Which of the following is NOT part of the external marketing environment? A. Political B. Legal C. Product D. Socio-cultural

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Robert is a marketer for a global consumer products company. He is working on the promotional campaign designed to reach a target audience in a new international market. Robert is working hard to make sure that the promotional campaign is clearly understood by the nation's consumers and doesn't offend anyone. Which of the factors in the external environment is he being influenced by? A. Socio-cultural environment B. Competitive environment C. Economic environment D. Legal environment

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Last Answer : A. Socio-cultural environment

Which of the following are not drivers of Internationalization? A. Market B. Climatic conditions C. Competition D. Government

Description : Which of the following are not drivers of Internationalization? A. Market B. Climatic conditions C. Competition D. Government

Last Answer : Climatic conditions

Porter’s notion of a differentiation strategy is best described as one in which firms seek a competitive advantage…. A. Through achieving a match between their internal and external environments. B. Through having a lower cost than their competitors. C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness

Description : Porter's notion of a differentiation strategy is best described as one in which firms seek a competitive advantage . A. Through achieving a match between their internal and external ... competitors. C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness

Last Answer : Through establishing their uniqueness

One of the fundamental Strategy evaluation activities is reviewing external and internal factors that are the bases for current strategy

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Last Answer : True

Porter’s notion of a differentiation strategy is best described as one in which firms seek a competitive advantage…. A. Through achieving a match between their internal and external environments. B. Through having a lower cost than their competitors. C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness.

Description : Porter's notion of a differentiation strategy is best described as one in which firms seek a competitive advantage . A. Through achieving a match between their internal and external environments ... . C. Through concentrating on a narrow market segment. D. Through establishing their uniqueness.

Last Answer : Through establishing their uniqueness.

Developing a vision and mission, identifying an organization's external opportunities and threats, and determining internal strengths and weaknesses are all __________ activities. a. strategy-formulation b. strategy-implementation c. long-range planning d. short-range planning

Description : Developing a vision and mission, identifying an organization's external opportunities and threats, and determining internal strengths and weaknesses are all __________ activities. a. strategy-formulation b. strategy-implementation c. long-range planning d. short-range planning

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Match the following components of Business Environment. (a) Economic Environment (i) Exim Policy (b) Social Environment (ii) Customs (c) Political Environment (iii) Social values (d) Legal Environment (iv) Business Law and Banking Act (a) (b) (c) (d) A. (i) (ii) (iii) (iv) (a) (b) (c) (d) B. (iii) (iv) (ii) (i) (a) (b) (c) (d) C. (iii) (i) (ii) (iv) (a) (b) (c) (d) D. (i) (ii) (iv) (iii)

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Last Answer : (i) (ii) (iii) (iv) (a) (b) (c) (d)

Compaq Computers collects information about political, legal, regulatory, societal, VU Cafeteria economic, competitive and technological forces that may affect its marketing activities. This process is called: A)environmental scanning B)survey of environment C)marketing information analysis D)environmental analysis

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Last Answer : D)environmental analysis

_______ refers to all forces which have an economic impact. A. Technological Environment. B. Political Environment. C. Economic Environment. D. Legal environment

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Last Answer : C. Economic Environment.

In the Exploring Strategy Model, what Heading is used to cover Environment, Capability, Goals and Culture ? A. Strategic Planning B. Strategic Choices C. Strategy in Action D. Strategic Position

Description : In the Exploring Strategy Model, what Heading is used to cover Environment, Capability, Goals and Culture ? A. Strategic Planning B. Strategic Choices C. Strategy in Action D. Strategic Position

Last Answer : Strategic Position

Taylor and Deming would have both agreed that (a) Whirlpool's global strategy is a good one (b) Eli Whitney was an important contributor to statistical theory (c) Management must do more to improve the work environment and its processes so that quality can be improved (d) The era of Operations Management will be succeeded by the era of scientific management

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Last Answer : (c) Management must do more to improve the work environment and its processes so that quality can be improved

Which of the following are elements of International Strategy framework? A. Lingual Advancements B. Climatic conditions C. Favourable logistics D. None of these options

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Last Answer : Favourable logistics

Corporate strategy planners are concerned with many different issues as they attempt to match the organisation's __________ with the opportunities and risks in the environment. A)strengths B)mission statement C)strategic business units D)resources E)competitive advantages

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