Question 1

Identify five factors that tend to weaken the intensity of competitive rivalry among an industry's member firms.

Accepted Answer

The answer of Identify five factors that tend to weaken...

Question 2

What is the analytical value of studying competitors and trying to predict what moves rivals will make next?

Accepted Answer

The answer of What is the analytical value of studying...

Question 3

Identify and briefly explain any three of the factors that influence the bargaining strength and leverage of suppliers.

Accepted Answer

The answer of Identify and briefly explain any three of...

Question 4

Identify and briefly discuss any three of the factors that influence the bargaining strength and leverage of buyers.

Accepted Answer

The answer of Identify and briefly discuss any three of...

Question 5

Identify and briefly explain any three factors that intensify competitive pressures stemming from the threat that new firms will enter the industry.

Accepted Answer

The answer of Identify and briefly explain any three factors...

Question 6

Identify five factors that tend to intensify competitive rivalry among an industry's member firms.

Accepted Answer

The answer of Identify five factors that tend to intensify...

Question 7

Identify and briefly explain any two of the factors that influence the strength of competition from substitute products.

Accepted Answer

The answer of Identify and briefly explain any two of...

Question 8

Not all buyers of an industry's product are likely to possess the same degree of bargaining power or leverage over the terms and conditions under which they purchase the product.True or false? Explain.

Accepted Answer

The answer of Not all buyers of an industry's product...

Question 9

Explain the meaning and significance of each of the following and their relationship to one another?
a.driving forces
b.strategic group mapping
c.key success factors

Accepted Answer

The answer of Explain the meaning and significance of each...

Question 10

Identify and briefly describe five common barriers to entering an industry.

Accepted Answer

The answer of Identify and briefly describe five common barriers...

Question 11

In doing driving forces analysis,is it sufficient to simply identify the driving forces that are operating to alter industry and competitive conditions? Why or why not? If not,then explain what else is required for a complete driving forces assessment.

Accepted Answer

The answer of In doing driving forces analysis,is it sufficient...

Question 12

Identify at least five common driving forces and briefly explain how each one can produce important changes in industry and competitive conditions.

Accepted Answer

The answer of Identify at least five common driving forces...

Question 13

Identify three conditions that tend to make potential entry a strong competitive force.

Accepted Answer

The answer of Identify three conditions that tend to make...

Question 14

Explain why low switching costs and weakly differentiated products tend to give buyers a high degree of bargaining power.

Accepted Answer

The answer of Explain why low switching costs and weakly...

Question 15

Identify and briefly explain any three factors that lead to strong bargaining power on the part of buyers.

Accepted Answer

The answer of Identify and briefly explain any three factors...

Question 16

Identify and briefly explain any three factors that lead to weak bargaining power on the part of buyers.

Accepted Answer

The answer of Identify and briefly explain any three factors...

Question 17

Identify and briefly explain any three factors that lead to strong bargaining power on the part of suppliers.

Accepted Answer

The answer of Identify and briefly explain any three factors...

Question 18

Identify and briefly explain any three factors that lead to weak bargaining power on the part of suppliers.

Accepted Answer

The answer of Identify and briefly explain any three factors...

Question 19

Identify at least three benefits of constructing a strategic group map.

Accepted Answer

The answer of Identify at least three benefits of constructing...

Question 20

Identify and briefly explain any three factors that weaken the competitive pressures stemming from the threat that new firms will enter the industry.

Accepted Answer

The answer of Identify and briefly explain any three factors...

Quiz 3: Evaluating a Companys External Environment

Identify five factors that tend to weaken the intensity of competitive rivalry among an industry's member firms.

What is the analytical value of studying competitors and trying to predict what moves rivals will make next?

Identify and briefly explain any three of the factors that influence the bargaining strength and leverage of suppliers.

Identify and briefly discuss any three of the factors that influence the bargaining strength and leverage of buyers.

Identify and briefly explain any three factors that intensify competitive pressures stemming from the threat that new firms will enter the industry.

Identify five factors that tend to intensify competitive rivalry among an industry's member firms.

Identify and briefly explain any two of the factors that influence the strength of competition from substitute products.

Not all buyers of an industry's product are likely to possess the same degree of bargaining power or leverage over the terms and conditions under which they purchase the product.True or false? Explain.

Explain the meaning and significance of each of the following and their relationship to one another? a.driving forces b.strategic group mapping c.key success factors

Identify and briefly describe five common barriers to entering an industry.

In doing driving forces analysis,is it sufficient to simply identify the driving forces that are operating to alter industry and competitive conditions? Why or why not? If not,then explain what else is required for a complete driving forces assessment.

Identify at least five common driving forces and briefly explain how each one can produce important changes in industry and competitive conditions.

Identify three conditions that tend to make potential entry a strong competitive force.

Explain why low switching costs and weakly differentiated products tend to give buyers a high degree of bargaining power.

Identify and briefly explain any three factors that lead to strong bargaining power on the part of buyers.

Identify and briefly explain any three factors that lead to weak bargaining power on the part of buyers.

Identify and briefly explain any three factors that lead to strong bargaining power on the part of suppliers.

Identify and briefly explain any three factors that lead to weak bargaining power on the part of suppliers.

Identify at least three benefits of constructing a strategic group map.

Identify and briefly explain any three factors that weaken the competitive pressures stemming from the threat that new firms will enter the industry.