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Exam (elaborations)

BU 470| Exam 3 With complete solution| Rated A+ | 100% CORRECT | Ashworth College

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BU 470| Exam 3 With complete solution| Rated A+ | 100% CORRECT | Ashworth College BU 470| Exam 3 With complete solution| Rated A+ | 100% CORRECT | Ashworth CollegeBU 470| Exam 3 With complete solution| Rated A+ | 100% CORRECT | Ashworth CollegeBU 470| Exam 3 With complete solution| Rated A+ | 100% CORRECT | Ashworth College

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Institution
Ashworth College
Course
BU 470

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Online Exam 3
Question 1 points
As an open system, an organization __________
and __________ its external environment.
Question options:
reacts to; controls
interacts with; responds to
interacts with; controls
reacts to; responds to
Question 2 points
time in the history of the United States there
were more Americans over age __________ than
Question options:
25
30
21
19
Question 3 points
Uncertainty is determined by complexity and:
Question options:
rate of change.
access to information.
difficulty of obtaining and controlling resources.
competition.
Question 4 to Michael Porter, major potential
According points
barriers to entry include all of the following
EXCEPT:
Question options:
economies of scale.
product differentiation.
switching costs.
developmental costs.
Question 5 points
Demographic information can be obtained from
all of the following sources EXCEPT the:
Question options:
Economic Statistics Briefing Room.
Current Population Survey.
Statistical Abstract of the World.
Statistical Yearbook.
Question 6 points
A buyer will have less bargaining power if all of
the following factors apply EXCEPT:
Question options:
buyers have limited information.
buyers face few switching costs.
the products purchased are highly differentiated and
unique.

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