11 Changes in long-term industry growth rate is an example of what concept? Select one: a. Key success factors b. Porter's 5 Forces c.Potential Driving Force d. Barriers to Entry 12 Which barrier to entry has to do with a company's need to acquire permits before commencing operations? Select one: a.Government Regulation b. Codes of Conduct c. Company Policy d. Customer Policy 13 Product Innovation is an example of what concept? Select one: a.Five forces analysis b.Potential Driving Force c. SMART d. Barriers to Entry 14 Which barrier to entry explains why a university might have vending machines with only Pepsi products but no Coca-Cola products? Select one: .Codes of Conduct b. Government Regulations .Limited Access to Distribution Channels d. Strong Customer Loyalty 15 Which economic condition considers the breadth of competitors from anywhere in the world? Select one: a. Variability of customers b. Scope of Rivalry c. Industry Growth Rate d. All of the above 16 Which of the following indicates a high bargaining power of suppliers? Select one: a. Many suppliers exist b. The suppliers provide a unique input c.The suppliers are small in size d.The suppliers are unable to forward vertically integrate 17 Calculating Return on Assets is helpful because: Select one: a.It shows how much money the company can retain or reinvest b. It shows how much the company earns per dollar it had invested in assets C It can help managers determine which assets do not help create revenue d. B& C e. A, B& C 18 Notes payable falls under what section of a company's balance sheet? Select one: .Financing Cash Flows b. Assets c.Owner's Equity d. Liabilities 19 Common Stock falls under what section of a company's balance sheet? Select one: a.Owner's Equity b.Assets c.Liabilities d.Financing Cash Flows 20 When conducting a VRIO Analysis, a resource that is hard to imitate is Select one or more: a.Very expensive to replace b.Expected to appreciate in value in the near future c Is growing more important each year.

1. 11 Changes in long-term industry growth rate is an example of what concept?
Select one:
a. Key success factors
b. Porter's 5 Forces
c.Potential Driving Force
d. Barriers to Entry
12 Which barrier to entry has to do with a company's need to acquire permits before
commencing operations?
Select one:
a.Government Regulation
b. Codes of Conduct
c. Company Policy
d. Customer Policy
13 Product Innovation is an example of what concept?
Select one:
a.Five forces analysis
b.Potential Driving Force
c. SMART
d. Barriers to Entry

2. 14 Which barrier to entry explains why a university might have vending machines with
only Pepsi products but no Coca-Cola products?
Select one:
.Codes of Conduct
b. Government Regulations
.Limited Access to Distribution Channels
d. Strong Customer Loyalty
15 Which economic condition considers the breadth of competitors from anywhere in the
world?
Select one:
a. Variability of customers
b. Scope of Rivalry
c. Industry Growth Rate
d. All of the above
16 Which of the following indicates a high bargaining power of suppliers?
Select one:
a. Many suppliers exist
b. The suppliers provide a unique input
c.The suppliers are small in size
d.The suppliers are unable to forward vertically integrate

3. 17 Calculating Return on Assets is helpful because:
Select one:
a.It shows how much money the company can retain or reinvest
b. It shows how much the company earns per dollar it had invested in assets
C It can help managers determine which assets do not help create revenue
d. B& C
e. A, B& C
18 Notes payable falls under what section of a company's balance sheet?
Select one:
.Financing Cash Flows
b. Assets
c.Owner's Equity
d. Liabilities
19 Common Stock falls under what section of a company's balance sheet?
Select one:
a.Owner's Equity
b.Assets
c.Liabilities
d.Financing Cash Flows

4. 20 When conducting a VRIO Analysis, a resource that is hard to imitate is
Select one or more:
a.Very expensive to replace
b.Expected to appreciate in value in the near future
c Is growing more important each year