STR 581 Week 2 Knowledge Check 100%.docx

Feb 3rd, 2012
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1. This group is considered powerful if it is not obliged to contend with other products for sale to the industry 2. What Human Resource component within its operating environment is a major element of a firm’s ability to satisfy its personnel needs? 3. The environment that is typically subject to much influence by the firm is 4. A firm’s external environment is divided into various subcategories that include 5. This term refers to descriptive characteristics that can be used to differentiate groups of present or potential customers 6. When managers consider the general availability of credit, the level of disposable income, and the propensity of people to spend, they are considering what factors 7. This environment in the strategic planning process comprises factors in the competitive situation that affect a firm’s success in acquiring needed resources or in profitably marketing its goods and services. 8. A firm’s access to needed personnel is affected primarily by four factors that inc

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