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The five forces analysis has also been c...View Answer
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A) macroeconomic changes.
B) demographic changes.
C) global changes.
D) sociocultural changes.
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A) direction, scope, speed, and intensity
B) type and magnitude
C) competitive rivalry
D) severity and rivalry
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A) many suppliers.
B) few substitute products.
C) low differentiation of products supplied.
D) high threat of backward integration by the buyers.
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A) are independent and dynamic over time.
B) tend to be interrelated and dynamic over time.
C) have similar impact on organizations of different industries.
D) are independent and static over time.
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A) Air Canada claims its employee website was hacked
B) WestJet claims its employee website was hacked
C) Air Canada claims its email was stolen
D) Air Canada claims WestJet used employee access information to obtain flight info
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Forecasting is based on histor...View Answer
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It is important that managers ...View Answer
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There is a wealth of informati...View Answer
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A) Two assumptions are made: (1) no two firms are totally different, (2) no two firms are exactly the same.
B) Strategic groupings are of little help to a firm in assessing mobility barriers that protect a group from attacks by other groups.
C) Strategic groups help chart the future directions of firms' strategies.
D) Strategic groups are helpful in thinking through the implications of each industry trend for the group as a whole.
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A) A new technology results in the development of a substitute product for your firm's product.
B) Government deregulation results in different firms being able to offer the same product as your firm.
C) The recession results in several of your competitors cutting prices and intensifying rivalry.
D) Increased concern for the environment results in legislation that impacts your current packaging.
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A) Increased deregulation in an industry
B) The threat of government intervention
C) Rivalry among competing firms
D) Recent technological innovation
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A) Large economies of scale
B) Low switching costs
C) Easy access to raw materials
D) Low capital requirements
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A) flexible assets with alternative uses.
B) lack of governmental and social pressures.
C) strategic competitors
D) concerns about image.
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The concept of strategic group...View Answer
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Intense rivalry often arises out of situ...View Answer
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A) a high growth industry with low fixed costs
B) similar to Canadian Tire
C) a prestigious upscale player
D) a competitor of Wal-Mart
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