MGMT 4513 Midterm
Which is considered a force in the "Five c
Forces" model?
a. Increased deregulation
b. the threat of government intervention
c. rivalry among competing firms
d. recent technology innovation
Because the Internet lowers barriers to b
entry in most industries, it
a. decreases the threat of new entrants
b. increases the threat of new entrants
c. makes it easier to build customer
loyalty
d. increases supplier power
Which of the following is NOT an entry d
barrier to an industry?
a. expected competitor retaliation
b. economies of scale
c. customer product loyalty
d. bargaining power of suppliers
, MGMT 4513 Midterm
Organizational goals and objectives b
should be vague in order to allow
changes in strategy
a. true
b. false
Which of the following firms would likely c
pose the least competitive threat?
a. A firm in the same industry and in the
same strategic group
b. A firm that produces substitute goods
to your product
c. A competitor to your product where a
high switching cost exists
d. A firm in the same industry and in the
nearest strategic group looking to join
your group
, MGMT 4513 Midterm
An industry is defined as: d
a. A group of firms producing the same
item
b. firms producing items that sell through
the same distribution channels
c. firms that have the same seven digit
standard industrial code
d. a group of firms producing products
that are close substitutes
The bargaining power of suppliers is d
enhanced under the following market
condition
a. no threat of forward integration
b. low differentiation of the suppliers'
products
c. greater availability of substitute
products
d. dominance by a few suppliers
, MGMT 4513 Midterm
Industries characterized by high a
economies of scale typically attract
fewer new entrants.
a. true
b. false
Upper limits on the prices a firm can b
charge are impacted by:
a. expected retaliation from competitors
b. the cost of substitute products
c. variable costs of production
d. customers' high switching costs
If you believed in a pure five forces d
model of above-average returns, which
of the following things is LEAST
important?
a. industry analysis
b. competitor analysis
c. analysis of general environment
d. analysis of resources, capabilities, and
core competencies
e. all are equally important.
Which is considered a force in the "Five c
Forces" model?
a. Increased deregulation
b. the threat of government intervention
c. rivalry among competing firms
d. recent technology innovation
Because the Internet lowers barriers to b
entry in most industries, it
a. decreases the threat of new entrants
b. increases the threat of new entrants
c. makes it easier to build customer
loyalty
d. increases supplier power
Which of the following is NOT an entry d
barrier to an industry?
a. expected competitor retaliation
b. economies of scale
c. customer product loyalty
d. bargaining power of suppliers
, MGMT 4513 Midterm
Organizational goals and objectives b
should be vague in order to allow
changes in strategy
a. true
b. false
Which of the following firms would likely c
pose the least competitive threat?
a. A firm in the same industry and in the
same strategic group
b. A firm that produces substitute goods
to your product
c. A competitor to your product where a
high switching cost exists
d. A firm in the same industry and in the
nearest strategic group looking to join
your group
, MGMT 4513 Midterm
An industry is defined as: d
a. A group of firms producing the same
item
b. firms producing items that sell through
the same distribution channels
c. firms that have the same seven digit
standard industrial code
d. a group of firms producing products
that are close substitutes
The bargaining power of suppliers is d
enhanced under the following market
condition
a. no threat of forward integration
b. low differentiation of the suppliers'
products
c. greater availability of substitute
products
d. dominance by a few suppliers
, MGMT 4513 Midterm
Industries characterized by high a
economies of scale typically attract
fewer new entrants.
a. true
b. false
Upper limits on the prices a firm can b
charge are impacted by:
a. expected retaliation from competitors
b. the cost of substitute products
c. variable costs of production
d. customers' high switching costs
If you believed in a pure five forces d
model of above-average returns, which
of the following things is LEAST
important?
a. industry analysis
b. competitor analysis
c. analysis of general environment
d. analysis of resources, capabilities, and
core competencies
e. all are equally important.
