Please answer all: Entry barriers are rising and will discourage later entrants, maintaining average industry profitability close to where it is now

The entering firm may be able to change industry structure once it has entered to restore profitability to close to its previous level

Entry by acquisition would not directly add a new firm to the industry

Other players may see the firm's entry and be encouraged to enter as well

The entering firm may have a brand that will enhance its prospects in the industry but not encourage others to enter

Entry barriers are falling and buyer power is rising

Industry incumbents may launch extensive retaliation against the entrant

The firm may be able to enter by leveraging existing proprietary assets that are not available to other potential entrants

Industry incumbents may choose not to retaliate to preserve current low$-$moderate levels of rivalry

QUESTION $34$

Which of these factors will tend to increase Rivalry among Existing Competitors?

Fixed costs are low and marginal costs are high

Fixed costs are high and marginal costs are low

Exit barriers are low

The products are not perishable and have a long sales life

QUESTION $35$

A major benefit of the Shared Value concept that societal improvement is in the firm's own interest is that it:

Allows governments to dispense with regulations

Broadens a firm's view of its strategy options

Makes firms more willing to pay taxes

Removes the need for firms to worry about their business ethics

QUESTION $36$

Which of the following would encourage companies to enter an industry?

Low expected retailiation from incumbents

High initial capital costs

High barriers to exit

Low average industry prices relative to costs

QUESTION $37$

Which of the following is not a complement to Michelin tires?

Cars

Restaurant guides

Trains

Roads

QUESTION $38$

Which of the following forces help explain why the airline industry has low average profitability? Select all that apply

Available substitutes

High barriers to entry

Rivalry based on price

High growth

Low barriers to entry

Low bargaining power of customer