Flag question: Question 11Question 111 pts

Supplier power increases when it poses a credible threat of forward integration.

Group of answer choices

True

False

Flag question: Question 12Question 121 pts

When you have identified competitors that serve as "substitutes in use," regardless of their physical characteristics, you have defined the "relevant product-market."

Group of answer choices

True

False

Flag question: Question 13Question 131 pts

Which of the following does NOT increase the intensity of industry rivalry?

Group of answer choices

High industry growth

Diverse competitors

Numerous competitors

High fixed/ storage costs

Flag question: Question 14Question 141 pts

Rivalry among existing competitors is often tactical, rather than strategic, in nature.

Group of answer choices

True

False

Flag question: Question 15Question 151 pts

With regard to the "threat of new entrants" in an industry structure analysis, you can expect especially strong retaliation if there is high industry growth.

Group of answer choices

True

False

Flag question: Question 16Question 161 pts

Which of the following is NOT a barrier to entry?

Group of answer choices

Proprietary technology

None of the other answers (i.e., all are barriers to entry)

Learning curve

Government subsidies

Flag question: Question 17Question 171 pts

New entrants to an industry usually cause which of the following (to current rivals)?

Group of answer choices

All of the other answers affect current rivals

Prices to increase

Market share to increase

Costs to increase

Flag question: Question 18Question 181 pts

Sources of environmental change do NOT include which of the following?

Group of answer choices

Demographic changes

Economic changes

Political changes

All of the other answers (i.e., all are sources of environmental change)

Flag question: Question 19Question 191 pts

Organizational objectives should NOT usually include which of the following?

Group of answer choices

Flexibility/liquidity objectives

Financial outcomes

Outcomes for customers and other stakeholders

None of the other answers (i.e., all may be organizational objectives)

Flag question: Question 20Question 201 pts

When conducting an industry analysis, it is most important to identify an organization's weaknesses, with strengths then being the second most important.

Group of answer choices

True

False