Midterm

Midterm

University

45 Qs

quiz-placeholder

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Assessment

Quiz

Computers

University

Easy

Created by

Abraham Lee

Used 2+ times

FREE Resource

45 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following industries has the lowest barrier to entry?

Solar energy

Small retailer

Airline

Computer chip

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All of the following are competitive forces in Porter's model except __________.

Substitute products

Suppliers

New market entrants

Disruptive technologies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nowadays many consumers use iPad or Amazon Echo to listen to music instead of using a CD player. This is an example of __________ in Porter’s model’s competitive forces.

New market entrants

Customers

Suppliers

Substitute products

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the technologies for brick-and-mortar retailers to complete with online retailers?

Digital shelving

Cloud computing

Smartphone app

Object-recognition camera

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a challenge of working from home?

Overhead costs for companies lower.

Employees’ schedules are more flexible.

Employee’s commuting time is reduced.

Internet service and laptops are necessary.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Firms use __________ to conversate with consumers and show a greater willingness to listen to consumers.

Facebook

Cloud computing

Microsoft Teams

Zoom

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Converting raw data into a more meaningful form is called __________.

Capturing

Processing

Inputting

Organizing

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