1. Which of the following statements is true of a fragmented industry?

A. ?It involves companies selling the same brand of products that are scattered in different locations.

B. It is characterized by rivalry that is typically less intense.

C. It usually has very few competitors and tends to be dominated by a few large firms.

D. It is difficult to keep track of the pricing and competitive moves of multiple players.

2. Which of the following statements is true of corporate culture?

A. Culture proves to be very weak because it cannot inform action without the need for supervision.

B. An organization’s culture, by itself, can be regarded as good.

C. Put simply, culture is just how things are done in any organization.

D. It consists of behavioral assumptions that are considered inappropriate for organizational members.

3. Which of the following statements is true about strategic alliances??

A. In strategic alliances, companies may choose to cooperate at any stage along the value chain.

B. Strategic alliances exclude functions that are bought through bidding.

C. Strategic alliances usually lead to one of the firms losing their relational advantage.

D. In strategic alliances, the power to make decisions is always evenly distributed amidst the firms.