Activity 2: Fill in the Blank Instructions: Read each statement or question below carefully and fill in the blank(s) with the correct answ 1. is the aggregation of the different businesses engaged in the same line undertaking. 2. is a type of a partnership which all general partners have unlimited liabi and loan payments will extend to their personal property. 3. is a significant tool or a guide for assessing and evaluating the competit strength and position of a business organization. is a means of identifying the internal and external forces that may affect business. 5. is a means to evaluate the possible or probable effects of external forces conditions on the survival and growth of the business. 6. is the one who developed Porter's Five Forces Competitive Posit Analysis z. is a means to understand the business' position relative to other participa in the industry 8. refers to the type of government, the stability and strength of the governn and good leadership factors than can be an advantage to a business. 9. involves a look at income of the people, economic conditions such inflation, recession, prosperity, demand, and supply in the market. 10. includes a look at the population size, location of the business, distribution, climate and global warming situation, whether or not the area is prone to floo earthquake.