Which of the following is not one of the questions that must be answered in thinking strategically about a company’s external environment?Multiple ChoiceWhat kinds of competitive forces are industry members facing, and how strong is each force?What market positions do industry rivals occupy—who is strongly or weakly positioned, and who is not?What are the strategically relevant factors in the company’s macro-environment?What are the company’s competitively valuable resources and capabilities that can be used to form the foundation of its competitive approach?What forces are driving changes in the industry, and what impact will these changes have on competitive intensity and industry profitability?

Strategic competitiveness results from the _______________ of the internal and external corporate environment.Select one:a.analysisb.interrelationshipc.interdependenced.combination

Which of the following strategic questions can be used to assess a company's industry and competitive environment? (Check all that apply.)Multiple select question.What strategic moves should the company make to reduce overhead in the short term?What are the key factors of competitive success?What strategic moves are rivals likely to make next?Does the industry outlook offer good prospects for profitability?

The strategically relevant factors outside a company's industry boundaries—economic conditions, political factors, sociocultural forces, technological factors, environmental factors, and legal/regulatory conditions—are known asQuestion 6AnswerA.the industry and the competitive arena in which the company operates.B.general economic conditions plus the factors driving change in the markets where a company operates.C.a company's "macro-environment."D.the competitive market environment that exists between a company and its competitors.E.the dominant economic features of a company's industry.

Of the following questions, which would NOT be used to assess a company's industry and competitive environment?Multiple choice question.What forces are driving industry change?What kinds of competitive forces are industry members facing, and how strong is each force?Which financial objectives should be used to measure company performance?Do industry characteristics offer sellers opportunities for growth and attractive profits?

As ______ evolves, new industries, markets, and competitive niches develop.Multiple choice question.supply chain managementtechnologythe external environmentthe internal environment