Which of the following are causes of stronger rivalry EXCEPT? a. slow market growth b. firm equal size c. firms diverse strategist d. common customers
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- Which of the following explains why in Mendelow’s Classification Stakeholders in Segment C must be treated with care. These stakeholders may participate in decision-making. They do not have great ability to influence strategy, but their views can be important in influencing more powerful stakeholders, perhaps by lobbying. They are capable of moving to Segment D. They should therefore be kept satisfied. Large institutional shareholders might fall into Segment C. Without their participation, the organization will have difficulty continuing as a going concern20 - What is the correct order of strategic decision-making process? i. Evaluate current performance results ii. Scan and assess the internal corporate environment iii. Implement selected strategies iv. Review corporate governance v. Analyze strategic (SWOT) factors vi. Scan and assess the external environment vii. Generate, evaluate and select the best alternative strategy viii. Evaluate implemented strategies a) O 1- || - I – IV - V- VI - VII – VIII b) |- IV - VI - || - V - VII - III - VI c) O II - III - V -1- IV - VII - VIII - VI d) O VI - V- IV -1- || - ||| - VII – VIIIThe Small-A Corporation is currently competing with a first mover which owns 90% of the market share. An aggressivemarketing strategy is expected to entice 10% of the competitor’s market share to shift to Small-A every month while theremaining 90% will not. As a new firm, Small-A expects 30% of his market share to shift back to the competitor everymonth. a. What would Small-A’s market share be after one month?b. What would the competitor’s share be after one month?c. What would Small-A’s market share be after two months?d. What would the competitor’s share be after two months?
- 1. This market structure has a lot of competitors selling non-identical goods. A. Perfect competition C. Oligopoly B. Monopolistic competition D. Monopoly 2. What does a discount rate in the net present value signify? A. Amount of interest earned C. Firm's time and risk preference B. Amount needed by the firm D. Rate of firm's growth 3. Why does the value of money diminish over time? A. Inflation C. Decrease in consumer information B. Increase in competition D. Interest rates 4. Which disequilibrium profit theory is applicable to businesses with high capital requirements? A. Frictional profit theory C. Compensatory profit theory B. Innovation profit theory D. Monopoly profit theory 5. Which of these is NOT part of the three (3) basic economic questions? A. What commodities should be produced? B. How should those commodities be produced? C. Why should the commodities be produced? D. For whom are those commodities produced? 6. Which of these is a market-supplied resource? A. Owner's…For problems 1-3, please refer to this article on Ocado. https://www.bbc.co.uk/news/business-54352540 1. What can we say about existing rivalry in the market of online retailers? a. This force is week because of strong brands and stabile market shares. b. This force is medium level, because the market is quite concentrated but consumers are quite loyal. c. Existing rivalry is strong because the market is quite concentrated, switching costs are relatively low and the different firms' services are not especially differentiated. d. Rivalry is strong because suppliers and not concentrated and entry barriers are low. 2. How would you evaluate the threat of buyers in this market? a. It is relatively weak, because OCADO sells for final consumers who are not concentrated and have a weak bargaining power. b. It is strong, because Tesco and Amazon are large firms with larger market shares than Ocado. c. It is medium level, because OCADO cannot easily switch across its buyers.…True-False Questions Select the correct answer. 1. T F When buyers, sellers, marketing intermediaries, and facilitating agencies work together, the cooperative relationship results in compromise and adjustments that meet customer needs. 2. T F Under a contractual vertical marketing system, the largest channel member is contracted to manage the production and distribution within the channel. 3. T F Producers assist wholesalers by furnishing them with information regarding the wholesalers' competition and consumer buying patterns. 4. T F As competition among discount stores has increased, some discounters have assumed the characteristics of higher-priced department stores. 5. T F The wheel of retailing hypothesis suggests that new retail operations usually begin at the top-in price, profits, and prestige. Multiple-Choice Questions Circle the letter before the most accurate answer. The use of only a single retail outlet in each geographic area for distribution purposes is called 6.…
- Focused strategies keyed either to low-cost or differentiation are especially appropriate for situations where Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation O the industry has many different niches and segments, thereby allowing a focuser to pick a competitively attractive niche that is not only suited to its competitively valuable resources and capabilities but also lessens the risk of overcrowding that occurs when too many rivals attempt to focus their energies on the same target segment. O the industry is growing rapidly, a company can achieve a big enough volume to fully capture all the available scale economies, and the product offerings of most rival sellers are weakly differentiated. O buyers have low costs in switching from one seller's brand to another, buyer, bargaining power is relatively strong, and buyers' needs and uses of the product are diverse. O the industry contains…A company's competitive strategy should A) be well matched to its internal situation and predicated on leveraging its collection of competitively valuable resources and competencies. B) be well attuned to doing an outstanding job of satisfying the needs and expectations of niche buyers. C) ensure it is designed to concentrate on a small range of products so it can react quickly to competitive moves. D) be aligned toward being at least an average performer within the industry. have the resources and capabilities to incorporate standard attributes into its product offering.2. Imagine you are the CEO of an organization. Your work is expanding and you need to hire people who are experienced and skillful in their fields such as marketing. a. Explain what type of problem exist in above given situation? and what type of decision could be taken? b. Elaborate the decision-making process through which you will be able to hire best marketing employees?
- 49. Which (of the items listed) is NOT one of the five generic types of competitive strategy? (Know which ones are). 50. Which generic type of competitive strategy is typically the "best" strategy for a company to employ? 51. A low-cost leader's basis for competitive advantage is what? 52. A factor that has a strong influence on a company's costs is termed what? 53. Strategic offensives should, as a general rule, be based on what? 54. An offensive to yield good results can be short if what happens? 55. When challenging a struggling rival, it can (what can happen?). 56. A blue-ocean strategy is what? 57. Which (from list) is NOT a prime example of a blue-ocean market strategy? 58. All firms are subject to offensive challenges from rivals. The intent of the best defensive move is to do what? 59. Which (from list) is NOT a purpose of a defensive strategy? (So, know what is). 60. What does the scope of the firm refer to? 61. The range of product and service segments that the firm serves…The examples below best refers to constructed problems EXCEPT | Gaining qualification Il Innovating a new product III Increasing market share IV Improving an existing services V A target set is by somebody else A. Only V В. I and II C. I and IV D. I and III1. Identity five elements that are important in assessing and comparing the attractiveness of alternative business opportunities in terms of their market potential.. 2. identify three elements that are important in assessing and comparing the attractiveness of 'alternative business opportunities in terms of their financial viability. 3. Identify seven elements that are important in assessing and comparing the attractiveness of alternative business opportunities in terms of competitive advantage and entrepreneurs' resources. 4. Identify five elements of the 7Ps of marketing.
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