ASB1105 Week 2

What is the organizational environment primarily composed of?

• Internal factors

• External factors

• Both internal and external factors

• None of the above

Which of the following is an example of an external factor affecting an organization?

• Company culture

• Economic conditions

• Organizational structure

• Employee turnover

Which of the following is an example of an internal factor affecting an organization's performance?

• Customer preferences

• Economic conditions

• Leadership style

• Demographic trends

When an organization evaluates its strengths and weaknesses in terms of internal factors, it is conducting a(n):

• Environmental analysis

• SWOT analysis

• Competitor analysis

• PESTEL analysis

The "Rivalry Among Competitors" force in Porter's model is high when:

• There are few competitors in the industry

• Competitors have similar products and little differentiation

• Competitors collaborate and cooperate

• Entry barriers are high

The "Threat of New Entrants" force in Porter's model is influenced by:

• The number of existing competitors

• Barriers to entry such as capital requirements and brand loyalty

• The bargaining power of suppliers

• The bargaining power of buyers

"Threat of Substitutes" force in Porter's model refers to:

• The power of suppliers to provide substitutes for products

• The ease with which customers can find alternative products or services

• The ability of competitors to create better substitutes

• The potential of new entrants offering substitutes

Which factor in PESTLE analysis relates to cultural and demographic trends?

• Economic

• Social

• Legal

• Environmental

Technological advancements, cultural shifts, and economic growth are all examples of:

• Micro factors

• Internal factors

• External macro factors

• Market demand factors

When a company evaluates its strengths and weaknesses, it is primarily focusing on:

• Micro factors

• Macro factors

• Internal factors

• Competitive factors