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1. A customer who purchases raw materials or wholesale products before selling them to final customers is known as a(n) _____ consumer.

  • intermediate
  • primary
  • mass
  • actual
  • standard

2. Which of the following is an attractive environment for firms?

  • Many competitors
  • Few entry barriers
  • High threat of entry
  • Low customer bargaining power
  • Many substitutes

3. Which of the following factors makes an environment unattractive for firms?

  • Many customers
  • Many suppliers
  • High threat of entry
  • Many barriers to entry
  • High industry growth

4. _____ is independent action to improve relations with competitors.

  • Internal competition
  • Competence exploitation
  • Competitive intelligence
  • Competitive pacification
  • Competitive aggression

5. _____ are agreements between the organization and another group to exchange goods, services, information, and patents.

  • Buffers
  • Switching costs
  • Contracts
  • Cooptations
  • Coalitions

6. Which of the following is an independent strategy of an organization to change its current environment?

  • Competitive aggression
  • Mergers
  • Cooptation
  • Contracts
  • Coalition

7. Which of the following is a way of influencing the environment?

  • Buffering
  • Smoothing
  • Independent action
  • Domain selection
  • Strategic maneuvering

8. Which of the following organizational cultures are strongly characterized by entrepreneurship, creativity, adaptability, and dynamism?

  • Adhocracy
  • Dominant culture
  • Rational culture
  • Hierarchical culture
  • Group culture

9. Which of the following organizational cultures are strongly characterized by order, rules and regulations, uniformity, and efficiency?

  • Dominant culture
  • Hierarchical culture
  • Rational culture
  • Group culture
  • Adhocracy

10. Which of the following leadership styles is associated with a group culture?

  • Risk taker
  • Coordinator, organizer
  • Production and achievement-oriented
  • Mentor, facilitator, parent figure
  • Innovator, entrepreneur

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