The best test of whether potential entry is a strong or weak competitive force is
A) the strength of buyer loyalty to existing brands.
B) whether the industry's driving forces make it harder or easier for new entrants to be successful.
C) whether the strategies of industry members are well-matched to the industry's key success factors.
D) whether there are any vacant spaces on the industry's strategic group map.
E) to ask if the industry's growth and profit prospects are strongly attractive to potential entry candidates.
Correct Answer:
Verified
Q16: The impact of the macro-environment on a
Q17: Market maneuvering among industry rivals
A)determines whether the
Q18: Which of the following is not one
Q19: Avon Products at one point secured information
Q20: A strategically relevant political factor in the
Q22: Potential entrants are more likely to be
Q23: In which of the following instances is
Q24: Determining how strong the threat of substitutes
Q25: The lower the user's switching costs, the
A)harder
Q26: In which of the following instances are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents