SEVI 3013 FINAL EXAM /Questions And Answers
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Quiz :General Environment - Answer :Composed of dimensions in the broader
society that influence an industry and the firms within it
Quiz :Dimensions of the General Environment - Answer :1. Demographic
2. Economic
3. Political/legal
4. Sociocultural
5. Technological
6. Global
7. Sustainable physical environment
Quiz :Demographic Segment - Answer :-Population size
-Age structure
-Geographic distribution
-Ethnic mix
-Income distribution
Quiz :Political/legal Segment - Answer :-Antitrust laws
-Taxation laws
-Deregulation philosophies
-Labor training laws
-Educational philosophies and policies
Quiz :Sociocultural Segment - Answer :-Women in the workforce
-Workforce diversity
-Attitudes about the quality of work life
-Shifts in work and career preferences
, Quiz :Technological Segment - Answer :-Product innovations
-Applications of knowledge
-Focus of private and government-supported research and development
expenditures
-New communication technologies
Quiz :Global Segment - Answer :-Important political events
-Critical global markets
-Newly industrialized countries
-Different cultural and institutional attributes
Quiz :Sustainable physical environment Segment - Answer :-Energy consumption
-Practices used to develop energy sources
-Renewable energy efforts
-Minimizing a firm's environmental footprint
-Reacting to natural or man-made disasters
Quiz :External Environmental Analysis - Answer :To cope with often ambiguous
and incomplete environmental data and to increase understanding of the general
environment
Quiz :The Four Components of the External Environmental Analysis - Answer :1.
Scanning
2. Monitoring
3. Forecasting
4. Assessing
Quiz :Scanning - Answer :Identifying early signals of envrionmnetal changes and
trends
Quiz :Monitoring - Answer :Detecting meaning through ongoing observations of
environmental changes and trends
Quiz :Forecasting - Answer :Developing projections of anticipated outcomes
based on monitored changes and trends
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