1) Which of the following focuses on these five? factors: competitors, potential
ID: 2401289 • Letter: 1
Question
1) Which of the following focuses on these five? factors: competitors, potential entrants to the? market, equivalent? products, bargaining power of? customers, and bargaining power of? suppliers?
A. industry analysis
B. balanced scorecard
C. product differentiation analysis
D. business process reengineering
2) The reciprocal allocation? method:
A. fully incorporates interdepartmental relationships into the support?department cost allocations
B. requires the ranking of support departments in the order that the allocation is to proceed
C. allocates support?department costs to other support departments and to operating departments in a sequential manner that partially recognizes the mutual services provided among all support departments
D. is the most widely used because of its simplicity
3) Which of the following focuses on these five? factors: competitors, potential entrants to the? market, equivalent? products, bargaining power of? customers, and bargaining power of? suppliers?
A. industry analysis
B. balanced scorecard
C. product differentiation analysis
D. business process reengineering
Explanation / Answer
1)A) Industry analysis
The above five factors or forces are from Porter's model to analyse industries and competitors.
2) Option C:
Allocates Support department costs to other support departments and to operating department in a sequential manner that partialy recognises mutual services provided among all support departments.
By doing so, executives can judge how efficiently each service department operates and sensitize production managers to the costs of the services they consume. This method is complex as compared to others.
3) Same question as 1. Option A
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