1. When are cession occurs__________.
A. all industries benefit
B. some industries benefit
C. no industries benefit
D. none of the above
2. Technological forces often__________.
A. decimate an entire industry
B. spawn new industries
C. vary substantially among industries D. all of the above
3. How has the Internet changed strategic management?
A. It promotes information symmetry.
B. It can often be used as a distribution channel.
C. It often reduces costs. D. all of the above
4. E-tailing is synonymous with __________.
A. B2B
B. B2C
C. C2C
D. C2B
5. The systematic collection and analysis of information about relevant macro environmental trends is known as __________.
A. strategic planning
B. strategic management
C. environmental scanning
D. none of the above