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Competitive Forces Model

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Directions: Test your knowledge of this topic by selecting the best answer for each of the following questions. When you click the Submit button, you will see your score and the results will go to your instructor. You may want to refer to the general business model from earlier in the module for these questions.

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General Business Model

Let’s think about MitiTech.

1. Which of the direct variables help MitiTech with its competitive position?

a. customers and owners

b. suppliers and customers

c. competition and customers

d. competition and suppliers

2. Information about which factors is not crucial to MitiTech’s ability to maintain its competitive position?

a. emerging new technologies that create new products

b. patent infringements

c. employees’ benefits

d. new markets based on terrorist activity

3. Which use of the Internet could have a negative impact on MitiTech’s competitive position?

a. allowing potential customers to learn about MitiTech’s products and test results

b. providing an easy method to facilitate product orders to flow to the suppliers

c. allowing potential customers to find potential substitute products

d. allowing MitiTech to monitor patent infringement by other companies

4. Which of the following indirect variables has no impact on MitiTech?

a. government regulations

b. ethics

c. politics

d. none of the above

5. Are there any direct variables that have no effect on a business’s competitive position?

a. yes

b. no

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