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barriers to entry; substitute products



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F1 BPP ST(August 2020) [Unlocked by www.freemypdf.com] (1)

barriers to entry; substitute products
; the 
bargaining power of 
customers
; the bargaining power of 
suppliers

competitive rivalry

CHAPTER ROUNDUP 
BPP Tutor Toolkit Copy


PART A: THE BUSINESS ORGANISATION, ITS STAKEHOLDERS AND THE EXTERNAL ENVIRONMENT 
 
54
 
 
1
Environmental analysis is relevant when undertaking the strategy-making process. Is this true or false? 
2
Give four types of legal factor affecting a company. 
3
How can businesses influence government policy? 
4
Which of the following types of dismissal relates to the method of dismissal? 
A Unfair 
dismissal 
B Wrongful 
dismissal 
C Forced 
dismissal 
5
An individual who is the subject of personal data is a data ……………. . 
6
How can senior managers promote health and safety awareness? 
7
Information technology has encouraged which three of the following? 

Flattening of organisation hierarchies 

Widening spans of control 

Smaller volumes of routine processing 

More flexible working arrangements 

Downsizing can reduce capacity. Is this true or false? 

What are the five competitive forces? 
10 
Which one of the following is a primary activity in the value chain? 
A Technology 
department 
B Procurement 

Human resources management 
D Marketing 
and 
sales 
11 
The purpose of value chain analysis is to understand customer price and quality preferences. True or 
false? 
 
 
QUICK QUIZ 
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CHAPTER 2
//
THE BUSINESS ENVIRONMENT 

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