Frameworks Quiz 1 - 180 Degrees Consulting, SRCC

Welcome to your Framework Quiz 1

Which of the following is not part of 7P’s of Marketing Mix?

Process

Physical evidence

Packaging

People

Under VRIO Model if the firm is Valuable, Rare , Hard to imitate but is not properly Organized, then what's the most likely conclusion?

Firm is having the competitive disadvantage

Firm hasn't used its competitive advantage till now

Firm will have long term advantage in future

Firm is focussing on competitive equality

Which of the following is not a component of Micro environment

Interest Rates

Customers

Supplies

Competitors

Which of the following follows the Pareto Principle?

80% of books are read by 20% of people

80% of revenue covers 20% of cost

80% of success comes from 20% of efforts

20% of companies have 80% of market share

Which of them is MECE

People in business and people in profession

Fixed cost and Variable Cost

Science students and Commerce Students

People below 30 and people above 20

Which of the following factor won't be considered while solving a market entry problem

Cost structure

Barriers to the entry in market

Operational efficiency

Existing Competition

Stay in Touch