AGEC 440 Final Exam 2024/2025 Exam
Questions and Corresponding Answers
with Surety of 100% Pass Mark
Porter's 5 Forces - 🧠ANSWER ✔✔1. Threat of entry
2. Threat of rivalry
3. Threat of substitutes
4. Threat of suppliers
5. threat of buyers
New entrants are motivated to enter and compete due to above-normal
economic profits earned by existing firms - 🧠ANSWER ✔✔Threat of entry
the intensity of competition among a firm's direct competitors - 🧠ANSWER
✔✔Threat of rivalry
Places ceiling on prices in an industry
Reduces profit potential for an industry - 🧠ANSWER ✔✔Threat of
substitutes
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,Input supplier can charge above normal economic prices to industry
Reduces industry performance - 🧠ANSWER ✔✔Threat of suppliers
Reduces industry revenue via reduced prices - 🧠ANSWER ✔✔Threat of
buyers
Sociocultural trends
Technological trends
Government/ Regulatory trends
Economic Trends - 🧠ANSWER ✔✔Remote environment
Industry analysis based on industrial organization economics (S-C-P) -
🧠ANSWER ✔✔Task Environment
- cost leadership
- differentiation
- focus
* can only do 1 at a time - 🧠ANSWER ✔✔Generic Strategies
Cost leadership - 🧠ANSWER ✔✔Be the lowest cost producer
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
, Differentiation - 🧠ANSWER ✔✔Produce a differentiated or innovative
product where there are minimal substitutes
Focus - 🧠ANSWER ✔✔Specialize in a target market that may be
geographical, age, income segments of the market
It seeks ways to describes attributes of industry that make it less than
competitive
To help firms find ways to make above normal economic profits -
🧠ANSWER ✔✔Strategy perspective
Strategy perspective turns __________ framework _____________ -
🧠ANSWER ✔✔S-C-P ; upside down
Any organization external to a firm that reduces the level of that firm's
performance - 🧠ANSWER ✔✔Environmental threats
economies of scale
capital requirements
access to distribution
Product differentiation/brand identity
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
Questions and Corresponding Answers
with Surety of 100% Pass Mark
Porter's 5 Forces - 🧠ANSWER ✔✔1. Threat of entry
2. Threat of rivalry
3. Threat of substitutes
4. Threat of suppliers
5. threat of buyers
New entrants are motivated to enter and compete due to above-normal
economic profits earned by existing firms - 🧠ANSWER ✔✔Threat of entry
the intensity of competition among a firm's direct competitors - 🧠ANSWER
✔✔Threat of rivalry
Places ceiling on prices in an industry
Reduces profit potential for an industry - 🧠ANSWER ✔✔Threat of
substitutes
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED
,Input supplier can charge above normal economic prices to industry
Reduces industry performance - 🧠ANSWER ✔✔Threat of suppliers
Reduces industry revenue via reduced prices - 🧠ANSWER ✔✔Threat of
buyers
Sociocultural trends
Technological trends
Government/ Regulatory trends
Economic Trends - 🧠ANSWER ✔✔Remote environment
Industry analysis based on industrial organization economics (S-C-P) -
🧠ANSWER ✔✔Task Environment
- cost leadership
- differentiation
- focus
* can only do 1 at a time - 🧠ANSWER ✔✔Generic Strategies
Cost leadership - 🧠ANSWER ✔✔Be the lowest cost producer
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED
, Differentiation - 🧠ANSWER ✔✔Produce a differentiated or innovative
product where there are minimal substitutes
Focus - 🧠ANSWER ✔✔Specialize in a target market that may be
geographical, age, income segments of the market
It seeks ways to describes attributes of industry that make it less than
competitive
To help firms find ways to make above normal economic profits -
🧠ANSWER ✔✔Strategy perspective
Strategy perspective turns __________ framework _____________ -
🧠ANSWER ✔✔S-C-P ; upside down
Any organization external to a firm that reduces the level of that firm's
performance - 🧠ANSWER ✔✔Environmental threats
economies of scale
capital requirements
access to distribution
Product differentiation/brand identity
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED
