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.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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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.
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.
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