4. The recent bankruptcy filings by General Motors and Chrysler Corporation illustrate that firms cannot directly control the general environment's segments. a. True b. False True ANSWER: 1 POINTS: Medium DIFFICULTY: 39 REFERENCES: STMA.HITT.15.2-02 - 02.02 LEARNING OBJECTIVES: United States - BUSPROG: Analytic NATIONAL STANDARDS: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing the task environment | Bloom: Application 5. The industry environment directly influences the firm and its competitive actions and responses. a. True b. False True ANSWER: 1 POINTS: Easy DIFFICULTY: 39 REFERENCES: STMA.HITT.15.2-02 - 02.02 LEARNING OBJECTIVES: United States - BUSPROG: Analytic NATIONAL STANDARDS: AACSB: Business Knowledge & Analytical Skills | Management: NOTES: Environmental Influence | Dierdorff & Rubin: Managing decision-making processes | Bloom: Knowledge 6. Competitor analysis is focused on the factors and conditions influencing an industry's profitability potential. a. True b. False False ANSWER: 1 POINTS: Medium DIFFICULTY: 39 REFERENCES: STMA.HITT.15.2-02 - 02.02 LEARNING OBJECTIVES: United States - BUSPROG: Analytic NATIONAL STANDARDS: AACSB: Business Knowledge & Analytical Skills | Management: Environmental NOTES:
4. The recent bankruptcy filings by General Motors and Chrysler Corporation illustrate that firms cannot directly control the general environment's segments. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Medium REFERENCES: 39 LEARNING OBJECTIVES: STMA.HITT.15.2-02 - 02.02 NATIONAL STANDARDS: United States - BUSPROG: Analytic AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing the task environment | Bloom: Application 5. The industry environment directly influences the firm and its competitive actions and responses. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy REFERENCES: 39 LEARNING OBJECTIVES: STMA.HITT.15.2-02 - 02.02 NATIONAL STANDARDS: United States - BUSPROG: Analytic NOTES: AACSB: Business Knowledge & Analytical Skills | Management: Environmental Influence | Dierdorff & Rubin: Managing decision-making processes | Bloom: Knowledge 6. Competitor analysis is focused on the factors and conditions influencing an industry's profitability potential. a. True b. False ANSWER: False POINTS: 1 DIFFICULTY: Medium REFERENCES: 39 LEARNING OBJECTIVES: STMA.HITT.15.2-02 - 02.02 NATIONAL STANDARDS: United States - BUSPROG: Analytic NOTES: AACSB: Business Knowledge & Analytical Skills | Management: Environmental