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- Download: http://solutionzip.com/downloads/in-the-united-states-legal-political-environment/
- Part 1 of 1 –
- Question 1 of 20 5.0 Points
- In the United States legal-political environment, changes are slow and legal and political procedures are well established such that its global political risk stability strategy is:
- A. maximum.
- B. high.
- C. moderate.
- D. low.
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- Question 2 of 20 5.0 Points
- The international economic environment factor whose timing can significantly affect a company’s balance sheet and bottom line is:
- A. inflation rate.
- B. tax policy.
- C. currency exchange rate.
- D. state price support.
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- Question 3 of 20 5.0 Points
- A small business is NOT characterized by:
- A. being independently owned.
- B. having fewer than 100 employees.
- C. engaging in innovative practices.
- D. having little impact on its industry.
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- Question 4 of 20 5.0 Points
- A business that is characterized by innovative strategic practices and which has as its main goals profitability and growth is called:
- A. a small business.
- B. an entrepreneurial venture.
- C. strategically positioned.
- D. a cash cow.
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- Question 5 of 20 5.0 Points
- Small firms generate __________ percent of all net new jobs annually.
- A. 25 to 34
- B. 35 to 44
- C. 45 to 55
- D. 60 to 80
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- Question 6 of 20 5.0 Points
- Which of the following is a strategic advantage of small businesses and entrepreneurial ventures over larger businesses?
- A. Willingness to take risks
- B. Seek out new opportunities
- C. Respond quickly to changing conditions
- D. Strategic goals are profitability and growth
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- Question 7 of 20 5.0 Points
- The strategic management process differs for small businesses and entrepreneurial ventures when compared to larger organizations because small businesses and entrepreneurial ventures have:
- A. inexperienced managers.
- B. limited resources.
- C. smaller organizational objectives.
- D. low growth potential.
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- Question 8 of 20 5.0 Points
- The competitive strategy choices for small businesses and entrepreneurial ventures are:
- A. often limited to focus strategies.
- B. often limited to a differentiated strategy.
- C. limited because of technological advances.
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- Question 9 of 20 5.0 Points
- The number of markets served by a small organization is determined predominantly by:
- A. the resources of the organization.
- B. the size of the organization.
- C. the management of the organization.
- D. strategic planning in the organization.
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- Question 10 of 20 5.0 Points
- A strategic advantage of entrepreneurial ventures/ small businesses over large businesses is:
- A. economics of scale.
- B. flexibility.
- C. marketing options.
- D. distribution.
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- Question 11 of 20 5.0 Points
- Small businesses and entrepreneurial ventures are the driving force of change in the process of:
- A. market positioning.
- B. strategic positioning.
- C. creative destruction.
- D. competitor interrelationships.
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- Question 12 of 20 5.0 Points
- A not-for-profit organization must meet the requirements of __________ of the U.S. Internal Revenue Service tax code.
- A. Section 501(c)(3)
- B. Section 301(d)(4)
- C. Section 503(c)(4)
- D. Section 401(c)(3)
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- Question 13 of 20 5.0 Points
- A not-for-profit organization created, funded, and regulated by the public sector or government can be referred to as a(n) __________ organization.
- A. private-sector
- B. efficient
- C. public-sector
- D. effective
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- Question 14 of 20 5.0 Points
- Public sector organizations are most affected by __________ constraints.
- A. internal
- B. external
- C. efficiency
- D. managerial
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- Question 15 of 20 5.0 Points
- Research on community arts organizations has indicated that Porter’s strategy(ies) of __________ is(are) utilized.
- A. cost leadership
- B. differentiation
- C. cost leadership, differentiation, and focus
- D. differentiation and focus
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- Question 16 of 20 5.0 Points
- Both public sector and not-for-profit organizations must develop a(n) __________ to ensure their continued existence.
- A. competitive advantage
- B. strong management pool
- C. lobbying group
- D. link with companies
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- Question 17 of 20 5.0 Points
- To evaluate strategy, there must be a connection between the evaluation and the __________ of the not-for-profit organization.
- A. revenues
- B. goals
- C. objectives (moderate)
- D. goals and objectives
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- Question 18 of 20 5.0 Points
- Which of the following is NOT one of the unique strategies that have been developed for not-for-profit organizations in order to cope with changing environmental conditions?
- A. Cause-related marketing
- B. Not-for-profit marketing alliances
- C. Licensing
- D. Direct investment
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- Question 19 of 20 5.0 Points
- The strategy, that has the primary intent to enhance the image of the supporting company, is known as:
- A. cause-related marketing.
- B. not-for-profit marketing alliances.
- C. licensing.
- D. direct investment.
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- Question 20 of 20 5.0 Points
- A strategic partnership between a not-for-profit organization and a corporate partner is referred to as:
- A. licensing.
- B. strategic piggybacking.
- C. a not-for-profit marketing alliance.
- D. cause-related marketing.
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- Download: http://solutionzip.com/downloads/in-the-united-states-legal-political-environment/
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