Homework Help is Here – Start Your Trial Now!
Business
Management
A company's competitive strength scores pinpoint its strengths and weaknesses against rivals and ○ suggest the company use its strengths to exploit its own competitive liabilities. ○ suggest receptivity for astute companies to drive their operating practices if the strength scores are very low. ○ point directly to the kinds of offensive/defensive actions it can use to exploit its competitive strengths and reduce its competitive liabilities. ○ point directly to accepting the competitive strength scores on face value. ○ point directly to the company to use its weaknesses as offensive moves to challenge rivals' weaknesses. Rivalry among competing sellers decreases as the number of competitors increases. as it becomes less costly for buyers to switch brands. when buyer demand is growing rapidly. ○ when there is excess production relative to demand. as the products of rival sellers become commoditized.

A company's competitive strength scores pinpoint its strengths and weaknesses against rivals and ○ suggest the company use its strengths to exploit its own competitive liabilities. ○ suggest receptivity for astute companies to drive their operating practices if the strength scores are very low. ○ point directly to the kinds of offensive/defensive actions it can use to exploit its competitive strengths and reduce its competitive liabilities. ○ point directly to accepting the competitive strength scores on face value. ○ point directly to the company to use its weaknesses as offensive moves to challenge rivals' weaknesses. Rivalry among competing sellers decreases as the number of competitors increases. as it becomes less costly for buyers to switch brands. when buyer demand is growing rapidly. ○ when there is excess production relative to demand. as the products of rival sellers become commoditized.

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
See similar textbooks
icon
Related questions
Question
A company's competitive strength scores pinpoint its strengths and weaknesses against rivals and ○ suggest the company use its strengths to exploit its own competitive liabilities. ○ suggest receptivity for astute companies to drive their operating practices if the strength scores are very low. ○ point directly to the kinds of offensive/defensive actions it can use to exploit its competitive strengths and reduce its competitive liabilities. ○ point directly to accepting the competitive strength scores on face value. ○ point directly to the company to use its weaknesses as offensive moves to challenge rivals' weaknesses.
Transcribed Image Text:A company's competitive strength scores pinpoint its strengths and weaknesses against rivals and ○ suggest the company use its strengths to exploit its own competitive liabilities. ○ suggest receptivity for astute companies to drive their operating practices if the strength scores are very low. ○ point directly to the kinds of offensive/defensive actions it can use to exploit its competitive strengths and reduce its competitive liabilities. ○ point directly to accepting the competitive strength scores on face value. ○ point directly to the company to use its weaknesses as offensive moves to challenge rivals' weaknesses.
Rivalry among competing sellers decreases as the number of competitors increases. as it becomes less costly for buyers to switch brands. when buyer demand is growing rapidly. ○ when there is excess production relative to demand. as the products of rival sellers become commoditized.
Transcribed Image Text:Rivalry among competing sellers decreases as the number of competitors increases. as it becomes less costly for buyers to switch brands. when buyer demand is growing rapidly. ○ when there is excess production relative to demand. as the products of rival sellers become commoditized.
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON
SEE MORE TEXTBOOKS