and All Correct Answers 2025-2026
Updated.
1. (Consider the application of Porter's Five-Force Model to the primary industry of
Cannondale): For Cannondale's industry, the threat of new entrants: - Answer Is a moderate
threat at most due to barriers to entry such as high expectations of quality and performance.
2. (Consider the application of Porter's Five-Force Model to the primary industry of
Cannondale): For Cannondale's industry, the threat of substitute products is: - Answer not
likely to be a strong threat due to the fact that there are not very good substitutes available for
bicycles.
3. (Consider the application of Porter's Five-Force Model to the primary industry of
Cannondale): For Cannondale's industry, the rivalry among existing firms: - Answer appears to
be increasing as evidenced by competition on price, performance, service, brand names,
innovation, etc.
4. (Consider the application of Porter's Five-Force Model to the primary industry of
Cannondale): For Cannondale's industry, the bargaining power of customers, - Answer could
range from weak to strong considering that there are both small and large retailers of bicycles.
5. (Consider the application of Porter's Five-Force Model to the primary industry of
Cannondale): For Cannondale's industry, the bargaining power of suppliers, - Answer is
probably of medium strength due to a mixture of power among the various suppliers to the
bicycle industry.
6. Organizational culture: - Answer will need to considered when implementing any new
strategy.
7. Cannondale's mission can be best described by which one of the following? - Answer The
purpose or reason for Cannondale to exist.
8. The leader of Cannondale to be successful strategically, must: - Answer be able to make
sense out of decision situations that may not be clearly defined.
, 10. For Cannondale, an increase in oil and fuel costs would be mostly likely considered a(n)
___________ . - Answer Opportunity
11. Vertical integration: - Answer would be present at Cannondale if it became its own
supplier
12. Objectives at Cannondale: - Answer should contain a time deadline for achievement and
be challenging but achievable.
13. Business-level strategy at Cannondale is specifically concerned with: - Answer creating
differences in value between Cannondale and its competitors in selecting the industries in
which Cannondale will compete.
14. Which of the following is not an entry barrier to Cannondale's industry? - Answer
Bargaining power of suppliers
15. Using bicycles mainly for recreation in the United States is considered a(n) for the company.
- Answer Opportunity
16. A lower-priced product that is imported from another country is a(n) ________ for
Cannondale: - Answer Threat
17. The forces that create high rivalry within the bicycle industry include all of the following
except: - Answer Fast industry growth
18. Brand image and production innovation features are considered a(n) __________ in the high
performance segment of the bicycle industry. - Answer Strength
19. According to the resource-based model, which of the following factors would be considered
a key to organizational success in the bicycle industry? - Answer continuous product
innovation
20. Which of the following is true concerning the 1998 Transportation Equity Act for the 21st
Century (TEA-21)? TEA-21 is an element in the __________; it was a(n) __________ to
Cannondale. - Answer external environment, opportunity