Podcast
Questions and Answers
What is the primary aim of an external audit?
What is the primary aim of an external audit?
Which category does not belong in the five broad categories of external forces?
Which category does not belong in the five broad categories of external forces?
Which of the following is a key factor in the AQCD test for external factors?
Which of the following is a key factor in the AQCD test for external factors?
What does SCDE stand for in relation to external forces?
What does SCDE stand for in relation to external forces?
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Which of the following economic indicators is likely to impact strategic decisions the most?
Which of the following economic indicators is likely to impact strategic decisions the most?
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Which of these external forces is primarily concerned with government policies?
Which of these external forces is primarily concerned with government policies?
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What is the significance of the shift to a service economy in terms of external audit?
What is the significance of the shift to a service economy in terms of external audit?
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Which of the following statements about the AQCD test is accurate?
Which of the following statements about the AQCD test is accurate?
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What is the weight assigned to the threat of increasing county and city property taxes?
What is the weight assigned to the threat of increasing county and city property taxes?
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Which factor received the highest rating for threatening the cinema complex's revenue?
Which factor received the highest rating for threatening the cinema complex's revenue?
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Based on the Competitive Profile Matrix, what general trend does a total weighted score of 2.20 indicate for Company 3?
Based on the Competitive Profile Matrix, what general trend does a total weighted score of 2.20 indicate for Company 3?
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How much did the demand for online movies and DVDs grow according to the threats identified?
How much did the demand for online movies and DVDs grow according to the threats identified?
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What is the total weighted score calculated for the key external factors affecting the cinema complex?
What is the total weighted score calculated for the key external factors affecting the cinema complex?
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Which variable specifically pertains to population changes affecting societal structure?
Which variable specifically pertains to population changes affecting societal structure?
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What is the focus of competitive intelligence?
What is the focus of competitive intelligence?
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Which legal variable may significantly influence organizational strategy?
Which legal variable may significantly influence organizational strategy?
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What is one of the major technological threats identified in the content?
What is one of the major technological threats identified in the content?
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What condition contributes to high rivalry among competing firms?
What condition contributes to high rivalry among competing firms?
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Which of the following best describes the role of a Chief Information Officer (CIO)?
Which of the following best describes the role of a Chief Information Officer (CIO)?
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What aspect is NOT considered part of competitive forces?
What aspect is NOT considered part of competitive forces?
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Which factor does NOT contribute to barriers to entry in an industry?
Which factor does NOT contribute to barriers to entry in an industry?
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Which of the following is a method of obtaining competitive intelligence?
Which of the following is a method of obtaining competitive intelligence?
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In what situation would the bargaining power of consumers be considered high?
In what situation would the bargaining power of consumers be considered high?
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How might local, state, and federal laws impact an organization?
How might local, state, and federal laws impact an organization?
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What effect does a decrease in the price of substitute products have on competition?
What effect does a decrease in the price of substitute products have on competition?
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Which barrier to entry is related to gaining economies of scale?
Which barrier to entry is related to gaining economies of scale?
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What is a primary concern regarding immigration and emigration rates?
What is a primary concern regarding immigration and emigration rates?
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Which question about competitors addresses the potential for a counterattack?
Which question about competitors addresses the potential for a counterattack?
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Which condition leads to a decrease in the bargaining power of suppliers?
Which condition leads to a decrease in the bargaining power of suppliers?
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What is a common reason for high rivalry among firms in an industry?
What is a common reason for high rivalry among firms in an industry?
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Which factor is NOT a technological force that can affect strategic planning?
Which factor is NOT a technological force that can affect strategic planning?
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What is a characteristic of social responsibility issues?
What is a characteristic of social responsibility issues?
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What factor is NOT a condition where consumers gain bargaining power?
What factor is NOT a condition where consumers gain bargaining power?
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Which scenario would most likely increase a firm's bargaining power over its suppliers?
Which scenario would most likely increase a firm's bargaining power over its suppliers?
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Which of the following influences consumer behavior significantly?
Which of the following influences consumer behavior significantly?
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Which of the following conditions increases the threat of new competitors entering an industry?
Which of the following conditions increases the threat of new competitors entering an industry?
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What aspect of the Five-Forces Model deals with determining if entry into an industry is advantageous?
What aspect of the Five-Forces Model deals with determining if entry into an industry is advantageous?
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How does consumer awareness of product features affect competition?
How does consumer awareness of product features affect competition?
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What is a key factor that makes substitute products more threatening?
What is a key factor that makes substitute products more threatening?
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Which external factor is NOT typically included in the External Factor Evaluation (EFE) Matrix?
Which external factor is NOT typically included in the External Factor Evaluation (EFE) Matrix?
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