Question 1 2 of 2 2 Problem Set 1 0 Resources Al Tutor o tion 1 2 of 2 2 Business Strategy End of Chapter Problem Sears, a U S retail store, was the largest retailer ( measured by revenue ) in the United States and Canada until the 1 9 9 0 s I 2 0 1 8 , Sears filed for bankruptcy Some commentators have argued that the rise of Amazon drove Sears to bankruptcy Ho others argue that Sears was in decline long before Amazon became a dominant force in the market Consider each of the arguments given for Sears' downfall Sears' management disregarded the impact of online retailers entering Sears' market space a This is an example of Sears failing to prepare for price wars with existing competitors non price competition with existing competitor the threat of new entry into the retail space the tremendous bargaining power of online reta Sears' management failed to consider the effect of services b This is an example of Sears failing to prepare fo not offered by Sears, such as second day shipping, which was offered by some online retailers buyers using their bargaining power to demanc services the intensity of competition among existing competitors sellers using their bargaining power to offer se not available at Sears

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Question: Question 1 2 of 2 2 - Problem Set 1 0 Resources Al Tutor o . tion 1 2 of 2 2 Business Strategy -

Question

12

22 -

Problem Set

10

Resources

Al Tutor

o .

tion

12

22

Business Strategy

-

End of Chapter Problem

Sears, a U

.

.

retail store, was the largest retailer

(

measured by revenue

)

in the United States and Canada until the

1990

.

2018,

Sears filed for bankruptcy. Some commentators have argued that the rise of Amazon drove Sears to bankruptcy. Ho others argue that Sears was in decline long before Amazon became a dominant force in the market.

Consider each of the arguments given for Sears' downfall.

Sears' management disregarded the impact of online retailers entering Sears' market space.

.

This is an example of Sears failing to prepare for

price wars with existing competitors.

non

-

price competition with existing competitor:

the threat of new entry into the retail space.

the tremendous bargaining power of online reta

Sears' management failed to consider the effect of services

.

This is an example of Sears failing to prepare fo not offered by Sears, such as second

-

day shipping, which was offered by some online retailers.

buyers using their bargaining power to demanc services.

the intensity of competition among existing competitors.

sellers using their bargaining power to offer se not available at Sears.

Question 12 of 22- Problem Set 10 Resources Al Tutor o.

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