In analyzing the strength of competition among rival firms, an important consideration is
A. the diversity of competitors in terms of long-term direction, objectives, strategies, and countries of origin.
B. whether the industry is characterized by a strong learning/experience curve and whether the industry is composed of many or few strategic groups.
C. the potential for buyers to exercise strong bargaining power.
D. the extent to which some rivals have more than two competitively valuable competencies or capabilities.
E. the number of firms pursuing differentiation strategies versus the number pursuing low-cost leadership strategies and focus strategies.
Answer: A
You might also like to view...
Which conflict management style assertively attempts to resolve conflict by working together with the other person to find an acceptable solution to all parties?
a. accommodating b. negotiating c. forcing d. collaborating
You are the account manager of a bank. Your customer, Hank Arbuthnot, applies for an increase in the line of credit for his business. He offers a mortgage on his cottage as security. You know that Hank is married. Which of the following is FALSE?
A) You should obtain a personal guarantee from Hank B) You should obtain a personal guarantee from Hank's wife. C) If the cottage is registered only in Hank's name, you needn't worry about getting a consent to the mortgage from Hank's wife D) If you insist on a guarantee from Hank's wife, you should ensure that she receives independent legal advice. E) If the cottage is registered in both Hank's and his wife's name, you must obtain her consent to the mortgage.
All of the following costs are likely to decrease as a result of better quality EXCEPT:
A) customer dissatisfaction costs. B) inspection costs. C) scrap costs. D) warranty and service costs. E) maintenance costs.
An "I.O.U." is a negotiable instrument
a. True b. False Indicate whether the statement is true or false