FAU MAN4720 quiz 2

The threat from new entrants is greatest in the _________ stage of the industry life cycle.

What is the difference between a company's resources and capabilities?

Which of the following would not be generally considered a driving force in an industry

Which of the following increasesthe threat of entry?

A company's value chain is called that because the intent of a company's activities is to:

Objective setting should be a process that is:

The "driving forces" in an industry

Which of the below is not one of the 5 questions used to evaluate a company's internal situation?

What are common types of resources a company might possess?

The driving forces in an industry

Competitive pressures from substitute products tend to be stronger when

Key Success Factors are

Which of the following would not be considered a "resource" of a company?

Which of the following questions can be used to distinguish a winning strategy from a mediocre or losing strategy?

Value chain activities can be divided into:

Which of the following is not a good example of a substitute product?

The external market opportunities that are most relevant to a company are those that

A distinctive competence

Whether buyer bargaining power poses a strong or weak source of pressure on industry members depends in part on

Thinking strategically about industry and competitive conditions in a given industry involves evaluation all of the following except

Which is not a reason why some strategic groups are more attractive than others?

Having good competitive intelligence about rivals is important because

Buyers are more likely to switch to substitute products

A competitive environment where there is strong rivalry among sellers, low entry barriers, strong threat of substitute products and high bargaining leverage on the part of both suppliers and customers

A competitive environment where there is weak rivalry among sellers, high entry barriers, weak threat of substitute products and no bargaining leverage on the part of customers or suppliers

What is a substitute for renting your movies from Netflix

A company would prefer that the power of its customers to be________and the power of its suppliers to be_________

What is the most important value of strategic group maps?

As a rule, the stronger the impact of the pressures of each of the 5 competitive forces,

Which of the below is true of long term objectives?

Which of the following is generally not considered a barrier to entry?

What is the problem with the following goal: "Our goal in 2016 is for our sales of cheese products to increase compared with last year"

One important indicator of how well a company's strategy is working is whether

The difference between a competence and a core competence is that

The most powerful of the 5-forces is usually