What does the threat of suppliers' bargaining power analyze?

Quiz on Market Forces and SWOT Analysis

Quiz
•
Others
•
12th Grade
•
Medium
Paula Mendoza
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The intensity of competition in the marketplace
How buyers can influence price decreases
How suppliers can influence price increases
The ease of entering a particular industry
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which factor does NOT influence buyer power?
Number of buyers in the market
Importance of each buyer to the organization
Cost to the buyer of switching suppliers
Number of suppliers in the market
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key driver of competitive rivalry?
Number of buyers in the market
Uniqueness of supplier products
Cost of switching from one supplier to another
Number and capability of competitors
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the threat of substitution refer to?
The ability of buyers to find alternative products
The intensity of competition among existing firms
The ease of entering a new market
The power of suppliers to dictate prices
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What can lead to a decrease in profits in an industry?
Strong buyer power
High barriers to entry
Low supplier power
Increased competition from new entrants
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does SWOT analysis evaluate?
Strengths, weaknesses, opportunities, and threats
Suppliers, workers, operations, and trends
Sales, wages, output, and turnover
Strategies, weaknesses, options, and tactics
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a source of market opportunities?
Supplying an existing product in a new way
Offering something in short supply
Increasing supplier power
Asking customers to chart their steps
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