Review Week 1 & 2

Review Week 1 & 2

8 Qs

quiz-placeholder

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Unit 1 Business Management - Business Environments

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11th - 12th Grade

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Review Week 1 & 2

Review Week 1 & 2

Assessment

Quiz

Business

Medium

Created by

Felipe Anda

Used 2+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What CPM stands for?

Commerce Profile Matrix

Competitive Profile Matrix

Competitive Professional Matrix

Commerce Professional Matriz

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

In a CPM you compare your company against the 2 biggest companies in your industry.

False

True

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The Diamond Model is comprised of:

6 factors

4 factors

4 factors & 2 indirect factors

8 factors

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The natural resources is the most important resources of the Factor Conditions

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A thermic mug company helps the coffee industry to sell better. This is an example of:

Factor Conditions

Demand Conditions

Related and Supporting Industries

Firm strategy, structure and rivalry

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The supermarket chain H-E-B is planning on entering the Jalisco Market. This is an example of:

Substitute's threat

Customers' negotiation power

New entrants' threat

Competitors' rivalry

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

According to the Diamond Model, Mexico is very competitive because it has a lot of natural resources

True

False

8.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

The Footware industry in Mexico just landed an incentive program that will allow them to produce shoes at a cheaper price. This is an example of

Demand Conditions

Factor Conditions

Supporting Industries

Government