NEED A PERFECT PAPER? PLACE YOUR FIRST ORDER AND SAVE 15% USING COUPON:

SOLVED

11Suppliers who provide a differentiated product may have power if they a.sell to a number of different industries b.price the product at the industry average c.sell to a limited number of industries d.price the product above the industry average 12Buying groups that have full information and earn low profits are considered to a.be unattractive as customers b.have power in the buying-selling process c.be candidates for backward integration d.have little or no power in the buying-selling process 13Substitutes are considered to be products a.from inside the industry that meet the same need b.are the product and service offerings of competitors c.from outside the industry that meet the same need d.that are better than the product and service offerings of competitors 14Substitute products reduce profitability by a.lowering switching costs b.increasing advertising costs c.increasing competitive rivalry d.setting the ceiling price 15In emerging industries where demand is growing, competitive rivalry is a.too difficult to gauge b.low c.moderate d.high 16In industries with high barriers to exit, competitive rivalry is a.too difficult to gauge b.low c.moderate d.high 17For new entrants, an attractive industry is one with a.limited buyer power, high supplier power, and low barriers to entry b.high switching costs, low investments, and low economies of scale c.low barriers to entry, high product differentiation, and low supplier power d.few substitutes, limited buyer power, and low competitive rivalry 18For existing firms, an attractive industry is one with a.high barriers to entry, low supplier power, and low buyer power b.low supplier power, high buyer power, and high competitive rivalry c.high barriers to entry, high competitive rivalry, and high exit costs d.low growth, low barriers to entry, and high supplier power 19The primary activities of an organization’s value chain often include a.logistics, operations, and marketing b.operations, sales, and human resource management c.procurement, operations, and service d.marketing, technology development, and logistics 20The purpose of an organization’s value chain is to demonstrate how the activities a.structure the organization b.differ from the organization’s competitors c.are integrated d.contribute to costs 21To create value for the consumer, firms seek to a.lower costs and lower price b.increase price to match the competition and standardize the features c.lower costs and increase consumer willingness to pay d.increase price and remove high-cost features 22The likelihood of a competitive reaction to a firm’s strategy is higher in an industry a.that produces highly differentiated products b.characterized by small order size c.with non-standard operating procedures d.that produces an homogenous product 23External forces that can impact an industry include a.political, energy, sustainability, and training b.procedure, environmental, supplier, and tactical c.position, economic, service, and procedural d.political, economic, social, and technical 24A technology that introduces a novel package of attributes for a traditional product is known as a a.commercial success b.product failure c.disruptive technology d.sustainable technology 25Stakeholders can be categorized based on a.preferences, language, and utility b.position, location, and understanding c.purpose, interests, and discretion d.power, legitimacy, and urgency

Solution:

15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.