An unstable environment is one in which the number of external elements of the environment that lie in the firm's domain is very large. That means many environmental elements (e.g., customers, vendors, suppliers, investors, unions, policies etc.) can affect the firm but they may not necessarily change frequently. (Hint: The content on Stable-Unstable dimension of external environment may be relevant here) True False
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An unstable environment is one in which the number of external elements of the environment that lie in the firm's domain is very large. That means many environmental elements (e.g., customers, vendors, suppliers, investors, unions, policies etc.) can affect the firm but they may not necessarily change frequently. (Hint: The content on Stable-Unstable dimension of external environment may be relevant here)
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- An entrepreneur has embarked on a project to use human hair in place of animal furs in a clothing line. The human hair is to be woven into cotton fabrics, to make a hybrid fabric, that can be used as a thermal insulating fabric (i.e., it keeps persons warm). To increase the probability of sales the hybrid fabric must be dyed in various colors. Provide advice to the entrepreneur on what approaches should/could be taken to dye the new hybrid fabric. In your advice discuss the requirements of the dyes to be used, why hair dyes would not be a good option and how the dye(s) you suggest would work in the application based on the structure/properties of the fabric.Which of the following is a likely source of basis risk? All of these None of these Crude oil is being used to hedge the price risk of downstream (refined) petroleum product O The termination date of exposure is two weeks later than the contract expiration date. A power plant in the Northeast is managing its input (natural gas) risk using a contract priced at Henry Hub, Louisiana.All would results to business risk, except. Changes in customers preferences Stiff Competition Continuous innovation Unavailability of raw materials
- Customers, competitors and suppliers are part of which environment: a. Macro environment b. Microenvironment c. Both microenvironment and macro environment d.Neither microenvironment nor macro environmentA business model enables the analysis of future scenarios. Select one: O True FalseA(n) environment lacks some information, but it is possible to assign probabilities to the likely outcomes of alternatives. * Anticipated. Risk. Certain. Uncertain.