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5

Authored by Tom Evans

Education

1st - 12th Grade

Used 2+ times

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6 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which one of these is one of porters 5 forces?

Rafael Nadal

Power of suppliers

A franchiser

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

How does porters 5 forces effect a business?

It builds a image of the business’ competitive environment

Peter Piper picked a peck of pickled peppers. A peck of pickled peppers Peter Piper pickedIf Peter Piper picked a peck of pickled peppers. Where’s the peck of pickled peppers Peter Piper picked?

a sole trader has unlimited liability

It takes an hour to walk from West Bromwich

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Competition from

competitors is one of the 5 forces. What does it mean?

When two business are entering a joint venture

If there are more company’s within a market that means that each business has less power with suppliers

Betty Botter bought some butter But she said the butter’s bitter If I put it in my batter, it will make my batter bitter But a bit of better butter will make my batter better So ‘twas better Betty Botter bought a bit of better butter

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Is how easy it is to enter a market one of porters 5 forces

Yes

No

How much wood would a woodchuck chuck if a woodchuck could chuck wood?He would chuck, he would, as much as he could, and chuck as much wood As a woodchuck would if a woodchuck could chuck wood

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Competition of customers means

How each person fights to buy a limited edition project

She sells seashells by the seashore

how many buyers or customers a company has, how significant each customer is, and how much it would cost a company to find new customers or markets for its output.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is one of porters 5 forces

Threat of substitutes

Evan Barker

economies of scale

Percentage change in demand

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