Explain how having strong competitors can benefit a company.
Question:
Explain how having strong competitors can benefit a company.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 41% (12 reviews)
The existence of competitors results in several strategic benefits Competitor...View the full answer
Answered By
Junaid ahmed
I am an English language professor with years of experience In Teaching English Language and Literature. I like to help people in the various difficult matter.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Marketing questions
-
Explain how firms that share their technology with competitors benefit by improving their ability to compete against new entrants.
-
Strong competitors act in ways that make life harder for weaker competitors. Discuss the implications of this claim.
-
Explain how both small and large organizations can benefit from budgeting.
-
Prepare the journal entries for 2, 4, 6, 8, 12 and 14 using the following information 6% bonds $1200000 par value payable in 5 years were issued for cash at 108, any premium is to be transferred to...
-
Blood flows through a section of a horizontal artery that is partially blocked by a deposit along the artery wall. A hemoglobin molecule moves from the narrow region into the wider region. What...
-
A horizontal pipe has an abrupt expansion from D 1 = 5 cm to D 2 = 10 cm. The water velocity in the smaller section is 8 m/s and the flow is turbulent. The pressure in the smaller section is P 1 =...
-
Discuss the nature of direct marketing
-
Pickering Financial Management believes that the biotechnology industry is a good investment and is considering investing in one of two companies. However, one company, BrightWorld, Inc., uses the...
-
Two point charges are located on the x-axis of a coordinate system. Load #1 is +3nC and is 40 centimeters (40 cm) to the right of the origin. Load #2 is -5nC and is 20 centimeters (20 cm) to the left...
-
Refer to all of the facts in Problem 11-1. Problem 11-1 Peeler Company was incorporated as a new business on January 1, 2017. The corporate charter approved on that date authorized the issuance of...
-
Which point of view is best for identifying competitors industry or market?
-
Name and describe the three basic winning competitive strategies espoused by Michael Porter.
-
The Aluminum Association reports that the average American uses 56.8 pounds of aluminum in a year. A random sample of 51 households is monitored for one year to determine aluminum usage. If the...
-
You second client acts on behalf of a large Australian company who is looking to invest in a major project at the end of the year. This client knows that the company will need to borrow $20,000,000...
-
London Company who use a periodic inventory system sold 600 units of inventory in April. In addition, the llowing information is available (2 pts) 1. $( April 1 Inventory April 15 purchase April 23...
-
Consider the 3D curve given by the parametric equations x(t) = sint, y(t) = cos(2t), z(t)=t, for t [0, 3]. (a) Use the "plot3" command in MATLAB to plot the 3D curve. (b) From calculus, it is known...
-
Esquire Products Inc. expects the following monthly sales: January ps 28,000 July $ 22,000 February 19,000 August 26,000 March 12,000 September 29,000 April 14,000 October 34,000 Can 8,000 November...
-
The following table shows the annual number of PhD graduates in a country in various fields. y(t) = F = 1990 1000 1995 800 600 400 200 2000 2005 2010 2012 Natural Sciences 70 130 5 330 490 590 690...
-
In 2015, the company offers a $0.75 match for each dollar that you contribute between 3 percent and 6 percent of your annual salary. How much is the company match based on your 10 percent...
-
Explain the term "Equivalent Units". Why are they calculated in process costing? [4 Marks] [minimum 350 words]
-
Last year the Olsen family earned $70,000. This year their income is $77,000. In an economy with an inflation rate of 8 percent, we can conclude that the Olsens nominal income: a. And real income...
-
1. Because of rising costs, Frito-Lays contribution margin has decreased to 30 percent. Refer to Appendix 2, Marketing by the Numbers, and calculate the contribution per ounce Frito-Lay realizes if...
-
1. Which of the different product mix pricing strategies discussed in the text applies best to Paylesss new strategy? Discuss this in detail. 2. How do concepts such as psychological pricing and...
-
Explain how channel members add value for manufacturers and consumers.
-
Suppose the normalized pulse shape, h(t), shown below, is used to generate the pulse train v(t) = vnhr(t - nT) N=- where {n} are the transmitted symbols, with each Un selected independently from {-1,...
-
The following information is available for Bonita's Chocolates: Actual production 2,750 boxes Budgeted production 3,450 boxes Direct Materials Standard Actual 4 pounds of chocolate per box @ $6.00...
-
James is currently on a bridge, 2 1 meters above the water and throws a ball in the horizontal direction. The ball gets to the water surface at a horizontal distance of 1 2 meters from James. ( a )...
Study smarter with the SolutionInn App