1. A basic assumption of 5 Forces models is:

a) A change in the definition of competition

b) As companies get closer in size and capability they are competitive

C) Globalization impacts competition more than we understand

4. Porter's identification of how a company can be competitive is:

a) they can differentiate their company

b) become a diversified company

c) Hurt you Financially

d) Get into your business

e) C and D

d) Tactical competition is a stand-alone activity

5. As industry growth declines the industry gets more competitive demonstrates:

a) supplier power

b) new entrants

c) direct rivalry

d) customer power

8. An industry group map does not?

a) identify all competitors

b) show where your industry is moving over time

c) identifying competitive clusters

d) show your competitors market share