SEVI - All Chapters | 490 Questions
with 100% Correct Answers |
Verified | Latest Update 2024
When analysts develop feasible projections of future events and how quickly they
will occur based on observed changes and trends, they are engaged in
a. scanning.
b. monitoring.
c. forecasting.
d. assessing. - ✔✔C
A general environmental analysis can be expected to produce all of the following
EXCEPT
a. objective answers.
b. recognition of environmental trends.
,c. identification of organizational opportunities.
d. identification of organizational threats. - ✔✔A
In analyzing the demographic segment of the general environment, one typically
examines all of the following factors EXCEPT
a. age structure.
b. ethnic mix.
c. distribution of income.
d. cultural values. - ✔✔D
Which of the following identified in an analysis of the general environment is an
opportunity for an entrepreneur who wishes to open a business doing "Fitness for
Life" physical conditioning services (strength, balance, and flexibility training) in a
city of 100,000 people?
a. the average age of the population in his community is high
b. the level of unemployment in his community is high
,c. a chiropractor and two independent physical therapists are located in his
community
d. the average education level of the population in his community is low - ✔✔A
Analyzing income distribution would include all of the following EXCEPT
a. the purchasing power of various age groups.
b. the discretionary income of various ethnic groups.
c. wage differentials between male and female employees working for a large
manufacturer.
d. how income is distributed among regions of the U.S. - ✔✔C
Demographic changes include variations in income distribution. Which of the
following statements is true?
a. Firms are most interested in the consumers comprising the top ten percent of
the household income.
b. In general, living standards have deteriorated over time.
, c. The general loss in real income has been somewhat offset by the increase
in dual-career couples.
d. Workforce diversity is making the concept of average income obsolete. - ✔✔C
An analysis of the economic segment of the external environment would include
all of the following EXCEPT
a. interest rates.
b. trade deficits or surpluses.
c. inflation rates.
d. the move toward a contingent workforce. - ✔✔D
Characteristics of the current economic segment include all of the following
EXCEPT
a. general uncertainty.
b. a clear understanding of future economic opportunities and threats.
c. inability of economists to provide valid and reliable predictions.
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