Assigning a weight to each measure of competitive strength assessment is generally analytically superior because ○ weighting each company's overall competitive strength by its percentage share of total industry profits produces a more accurate measure of its true competitive strength. ○ it singles out which competitor has the most competitively potent core competencies. ○ All of the various measures of competitive strength are not equally important. an unweighted ranking does not discriminate between companies with high and low market shares. a weighted ranking identifies which competitive advantages are most powerful.
Assigning a weight to each measure of competitive strength assessment is generally analytically superior because ○ weighting each company's overall competitive strength by its percentage share of total industry profits produces a more accurate measure of its true competitive strength. ○ it singles out which competitor has the most competitively potent core competencies. ○ All of the various measures of competitive strength are not equally important. an unweighted ranking does not discriminate between companies with high and low market shares. a weighted ranking identifies which competitive advantages are most powerful.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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![Assigning a weight to each measure of competitive strength assessment is generally analytically superior
because
weighting each company's overall competitive strength by its percentage share of total industry profits produces a
more accurate measure of its true competitive strength.
○ it singles out which competitor has the most competitively potent core competencies.
○ All of the various measures of competitive strength are not equally important.
an unweighted ranking does not discriminate between companies with high and low market shares.
O a weighted ranking identifies which competitive advantages are most powerful.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d494b17-8b36-49e0-a6a1-3408f9cee0a7%2Fcca42a6f-4ed4-4efa-a812-6dbeaad1327f%2Fqo6aqsn_processed.png&w=3840&q=75)
Transcribed Image Text:Assigning a weight to each measure of competitive strength assessment is generally analytically superior
because
weighting each company's overall competitive strength by its percentage share of total industry profits produces a
more accurate measure of its true competitive strength.
○ it singles out which competitor has the most competitively potent core competencies.
○ All of the various measures of competitive strength are not equally important.
an unweighted ranking does not discriminate between companies with high and low market shares.
O a weighted ranking identifies which competitive advantages are most powerful.
![The competitive battles among rival sellers striving for better market positions, higher sales and market
shares, and competitive advantage suggest the rivalry force
○ is often weak when rivals have emotional stakes in business or face high exit barriers.
○ is largely unaffected by whether industry conditions tempt rivals to use price cuts or other competitive weapons to
boost unit sales.
○ tends to intensify when strong companies with sizable financial resources, proven competitive capabilities, and
respected brand names hurdle entry barriers looking for growth opportunities and launch aggressive, well-funded
moves to transform into strong market contenders.
○ is stronger when firms strive to be low-cost producers than when they use differentiation and focus strategies.
○ is weaker when more firms have weakly differentiated products, buyer demand is growing slowly, and buyers have
moderate switching costs.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8d494b17-8b36-49e0-a6a1-3408f9cee0a7%2Fcca42a6f-4ed4-4efa-a812-6dbeaad1327f%2Fw5spqla_processed.png&w=3840&q=75)
Transcribed Image Text:The competitive battles among rival sellers striving for better market positions, higher sales and market
shares, and competitive advantage suggest the rivalry force
○ is often weak when rivals have emotional stakes in business or face high exit barriers.
○ is largely unaffected by whether industry conditions tempt rivals to use price cuts or other competitive weapons to
boost unit sales.
○ tends to intensify when strong companies with sizable financial resources, proven competitive capabilities, and
respected brand names hurdle entry barriers looking for growth opportunities and launch aggressive, well-funded
moves to transform into strong market contenders.
○ is stronger when firms strive to be low-cost producers than when they use differentiation and focus strategies.
○ is weaker when more firms have weakly differentiated products, buyer demand is growing slowly, and buyers have
moderate switching costs.
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