All of the conditions outside the business firm which consist of but not limited to individuals or organisations that influence the changes in the industry, and the geographic jurisdiction where the business operates all pertain to

Which of the following is the most commonly used approach to analyse the macro-environment factors or forces?

Factors that pertains to the actions and decisions of the local or national government, and inter-government or interagency influencing the businesses are categorized as

External factors that include use of resources, disposable income levels, interest rates, inflation, economic growth and productivity pertain to

External factors that include regulatory requirements, standardization, labor and industry regulations, and international trade regulations all refer to

Contemporary issues such as global warming, recycling, world resource preservation, pollution control, organic farming and concerns on quality of life as well as sustainability of people and planet, are all pertaining to

Which of the following sentence explains the significance of using PESTEL framework?

Which of the following expresses the impact of “black swans” and structural breaks?

Which of the following tells of the application of the idea behind the “black swan” as discovered by David Hume and explicated by Nassim Taleb into business management?

The industry life cycle has similar stages with that of a living organism so that a full grown stage characterized by strength, stability, and fully developed capabilities in a living organization, is equated to an equivalent of _________________ in the industry.

The decline in industry is often attributed to a change in

The industry ______________ is characterized by pioneers becoming very established and taking dominant industry positions and later competing businesses have become fewer in number.

Which of the following statements best tell about the usefulness of industry life cycle model?

Industry Profitability and Five Competitive Forces framework is an influential contribution to competitive strategy by

Which of the following is the central force within the Five Competitive Forces framework?

Analyzing an industry using Five Forces Model, when can your business firm possibly reap above average returns on its investment?

Which of the following CAN explain why many new businesses are wanting to enter an industry?

Which of the following can provide a barrier for business entrants to a coveted industry ?

When your company has contracts to supply four giant customers with small engine parts, and two of them demand that your company must be ISO –certified inasmuch as their companies are already working on their certification, which of the following is the force exerted in your business?

When your supplier is increasing its prices in the middle of the year, and they would not open to a haggle because they can easily drop their goods to businesses in other industries at better prices, which of the following force is being applied on your business?

Which of the following speaks of a condition where competitive advantage become very temporary as environment factors constantly change and competitors may be able to move easily about before other businesses can react to the change?

Which of the following terms refer to the desired outcome of matching external opportunities with internal capabilities of an organization to determine viability of strategic success of the organization in achieving its purpose?

The organization’s strategic resources, abilities, infrastructure, organizational climate, and management capabilities comprised its

The core competencies of human resources in an organization as well as the systems, knowledge management, and their peculiar practices can provide competitive advantage which cannot possibly be replicated by rivals. When management is seeing that these resources can be safeguarded and sustained to continually enable the attainment of organizational goals, this is

It is a framework that uses four attributes to identify strategic resources both tangible or intangible that will enable the organization to sustain competitive advantage.

It is defined as an organization’s ability to renew and recreate its strategic capabilities in order to meet the needs of a changing environment.

Which of the following forms the basic mechanism for organizational learning?

If the middle managers of your firm, visits another business in Singapore to learn new useful practices as well as identify areas for improvement in each of the functional departments of your firm, your management is actually

A single feed-back loop in a production plant where each worker’s performance with or without machine is checked against existing plans, is a type of organizational learning known as

When a discovery or an insight was gained by a worker, and it cause changes in the way things are done in his department as well as a change in the policy, then the organizational learning is called