Market Intelligence Components Quiz
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What component is typically included in market intelligence that involves evaluating the bargaining power of suppliers and buyers, the threat of new entrants, and the rivalry among existing competitors?

  • Pricing analysis
  • Porter's 5 forces (correct)
  • Market trends
  • Benchmarking
  • Which aspect of market intelligence focuses on understanding the external factors impacting the industry, such as economic conditions and regulatory changes?

  • Market drivers and dynamics (correct)
  • Market best practices/Competitive intelligence
  • Supplier landscape
  • Market strategies
  • What type of analysis is crucial in market intelligence to identify the strengths, weaknesses, opportunities, and threats related to suppliers in the market?

  • Supplier Risk assessment
  • SWOT analysis (correct)
  • Supplier profiles
  • Supplier capability assessment
  • Which component of market intelligence involves comparing a company's performance metrics against industry peers to identify areas for improvement?

    <p>Market best practices/Competitive intelligence</p> Signup and view all the answers

    What aspect of market intelligence involves analyzing current and future trends that may impact the demand for products or services within an industry?

    <p>Market strategies</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Browser