California State University-Fullerton MGMT 449 Final Heejin Woo
|| Errorless Answers 100%.
Five Forces Framework correct answers Threat of new entrants
Intensity of rivalry
Bargaining power of suppliers
Bargaining power of buyers
Threat of substitutes
Attractiveness?
Threat of new entrants correct answers • Economies of scale are (significant / insignificant). =
High / Low
• Brand identity is (significant / insignificant). = High / Low
• Capital requirements are (high / low). = High / Low
• Learning curve effect is (high / low). = High / Low
Intensity of rivalry correct answers • Market share is (concentrated / not concentrated). = High /
Low
• Industry is (growing / shrinking). = High / Low
• Product differentiation becomes (easy / difficult). = High / Low
Bargaining power of suppiers correct answers • Switching costs of suppliers (e.g. Intel changes
its supplier) are (high / low). = High / Low
, • Supplier concentration is (high / low). = High / Low
• Threat of forward integration relative to threat of backward integration by firms is (high / low)
= High / Low
Bargaining power of buyers correct answers • Buyer concentration is (high / low). = High / Low
• Buyers' option to choose is (diverse / limited). = High / Low
• Impact of firm product on quality / performance of buyers' product is (high / low). = High /
Low
Threat of substitutes correct answers • Availability of substitute is (high / low). = High / Low
Market Concentration correct answers measures the degree of competition that exists within a
market by calculating the market share of the largest few firms in the industry
Market Concentration Calculation correct answers (x_1 )^2+(x_2 )^2+(x_3 )^2+(x_4)^2
=Market Concentration
HHI ranges from 0 to 1. Monopoly =1
More Concentrated correct answers Less Competitive
Closer to 1
More Competitive correct answers Less Concentrated
Closer to 0
Blue Ocean Strategy: Definition correct answers Blue ocean strategy is about doing business
where there is no competition.
|| Errorless Answers 100%.
Five Forces Framework correct answers Threat of new entrants
Intensity of rivalry
Bargaining power of suppliers
Bargaining power of buyers
Threat of substitutes
Attractiveness?
Threat of new entrants correct answers • Economies of scale are (significant / insignificant). =
High / Low
• Brand identity is (significant / insignificant). = High / Low
• Capital requirements are (high / low). = High / Low
• Learning curve effect is (high / low). = High / Low
Intensity of rivalry correct answers • Market share is (concentrated / not concentrated). = High /
Low
• Industry is (growing / shrinking). = High / Low
• Product differentiation becomes (easy / difficult). = High / Low
Bargaining power of suppiers correct answers • Switching costs of suppliers (e.g. Intel changes
its supplier) are (high / low). = High / Low
, • Supplier concentration is (high / low). = High / Low
• Threat of forward integration relative to threat of backward integration by firms is (high / low)
= High / Low
Bargaining power of buyers correct answers • Buyer concentration is (high / low). = High / Low
• Buyers' option to choose is (diverse / limited). = High / Low
• Impact of firm product on quality / performance of buyers' product is (high / low). = High /
Low
Threat of substitutes correct answers • Availability of substitute is (high / low). = High / Low
Market Concentration correct answers measures the degree of competition that exists within a
market by calculating the market share of the largest few firms in the industry
Market Concentration Calculation correct answers (x_1 )^2+(x_2 )^2+(x_3 )^2+(x_4)^2
=Market Concentration
HHI ranges from 0 to 1. Monopoly =1
More Concentrated correct answers Less Competitive
Closer to 1
More Competitive correct answers Less Concentrated
Closer to 0
Blue Ocean Strategy: Definition correct answers Blue ocean strategy is about doing business
where there is no competition.
