BU111 Study Guide - Midterm Guide: Capital Intensity, Consumer Protection, Tattle Tale

• School: WLU
• Department: Business
• Course: BU111
• Professor: Leanne Hagarty

Document Summary

Which of the following is not one of the 6 critical success factors: meeting customers needs, encouraging innovation and creativity, hiring the best employees, building quality products and services. Internally, the diamond e model connects: management preferences, organization, strategy and resources. Which of the following statements is true: pest measures the general environment, five forces measures the specific. Strategy in the diamond e model determines: needed resources, organizational capabilities, management preferences. In pest, what do social elements for not influence: do influence: how consumers live, work, consume and produce. The lower the power of the supplier, the easier the industry is to enter: true. Some barriers for potential entrants into a new market include: capital intensity, tech, know how. Which of the following is not a cause of rivalry among firms: price wars between companies do not cause, are a result of.