If Suzy's Donuts conducted a SWOT analysis, Suzy's would identify a new Dunkin' Donuts across the street as a threat
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Competition so close with overlapping product lines is definitely a threat.
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Which of the following is not a major standard-setting body responsible for the establishment of U.S. and International Financial Reporting Standards?
A) SEC (Securities Exchange Commission) B) PCAOB (Public Company Accounting Oversight Board) C) FASB (Financial Accounting Standards Board) D) IASB (International Accounting Standards Board)
How can informal communication networks, such as a grapevine, contribute to an organization's competitive advantage?
What will be an ideal response?
Which of the following elements in separation costs includes removal of an employee from payroll?
A. Administrative functions related to termination B. Increased unemployment tax C. Separation pay D. Exit interview
In analyzing driving forces, the strategist's role is to
A. identify the driving forces and evaluate their impact on demand for the industry's product, the intensity of competition, and industry profitability. B. determine who is likely to exit the industry and what changes can be expected in the industry's strategic group map. C. forecast fluctuations in product demand and how buyer needs will most likely change. D. evaluate what stage of the life cycle the industry is in and when it is likely to move to the next stage. E. predict future marketing innovations and how fast the industry is likely to globalize.