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CISM 3330 Chapter 2 Practice Questions and Answers (100% Pass)
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CISM 3330 Chapter 2 Practice Questions and Answers (100% Pass) Ted works in his family's bakery business. They supply bread and rolls to neighboring restaurants, and they have their own store front where they sell breads, rolls, pastries, cookies and cupcakes. Ted wants to start a Cookie Club th...

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  • August 16, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • cism 3330 chapter 2 practice questions and answers

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©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM



CISM 3330 Chapter 2 Practice Questions and Answers (100% Pass)


Ted works in his family's bakery business. They supply bread and rolls to

neighboring restaurants, and they have their own store front where they sell breads,

rolls, pastries, cookies and cupcakes. Ted wants to start a Cookie Club that gives

each member (joining is free) a free cookie after they have purchased a dozen. This

idea reflects which one of Porter's five competitive forces?

options:




a) threat of entry of new competitors




b) bargaining power of suppliers




c) bargaining power of customers




d) threat of substitute products




1

,©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM


e) rivalry among existing firms in an industry - Answer✔️✔️-c) bargaining power of

customers

In mass production, a company produces a large quantity of identical items.

options:

a) True


b) False - Answer✔️✔️-a) True


The business environment refers to the industry that a company is in.

options:

a) True


b) False - Answer✔️✔️-b) False


Ted works in his family's bakery business. They supply bread and rolls to

neighboring restaurants, and have their own store-front where they sell breads,

rolls, pastries, cookies, and cupcakes. Ted thinks he should put free Wi-Fi in the

store front (which seats about 15 people). This idea reflects which one of Porter's

five competitive forces?

options:




2

, ©PREP4EXAMS 2024/2025 REAL EXAM DUMPS Tuesday, August 6, 2024 10,57 AM


a) threat of entry of new competitors




b) bargaining power of suppliers




c) bargaining power of customers




d) threat of substitute products




e) rivalry among existing firms in an industry - Answer✔️✔️-e) rivalry among

existing firms in an industry

Ted works in his family's bakery business. They supply bread and rolls to

neighboring restaurants, and they have their own store front where they sell breads,

rolls, pastries, cookies and cupcakes. Ted wants to start being able to ship an order

that comes in from their Web site. This idea reflects:

options:




a) An organizational response to business pressures.



3

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