WRAP-UP
WHAT'S ON YOUR MIND? With the given statement below, shade
"p" if correct and "D" if wrong together with its corrections about the
lessons we discussed on industry environment and forces to the
competition. Write your corrections in a separate sheet of paper. (In
your answer sheet, answer numbers 19-23.)
Statements
Post or Correction
Discard
19. There are 6 industry forces that affect the
internal environment such as
government, suppliers, customers,
creditors, employees, and new entrants.
20. The business must determine the intensity
of competition within its industry
environment.
21. There are five forces of competition
namely: participants of new entrants,
suppliers, buyers, rivalry, and substitute
products.
22. The severity of the threat of the suppliers
is solid if the product or service is limited​