Question 22 According to FFM (Five-Forces Model), a company should prefor an industry in which rivalry among competing sellers is low, power of supplers and customers is high, threat of substitute products and new entrants is low. valry among competing selers is high, threat of substitute products and new entrants is low, and power of suppliers and customers is low. rivalry among competing sellers is high, power of suppliers and customers is high threat of substitute products and new entrants in low. power of suppliers and customers is low, threat of new entrants in low, rivalry among competing sellers is weak, and threat of substitute products is low. rivalry among competing sellers is low. power of suppliers and customers is low, threat of substituto products and new entrants in high OOOOO Question 23 Which of the following is NOT one of the roles of the Board of Directors in a company? develop and implement a good strategy critically evaluate the company's strategy and culture ensure a good plan for CEO succession as needed monitor the management's ability to act in the best interests of shareholders Question 24 Which of the following is the best example of a well-stated financial objective? Achieve lower costs than any other industry competitor Gradually boost market share from 10 percent to 15 percent over the next several years Maximize total company profits and return on investment Increase earnings per share by 15 percent annually for the next three years Boost revenues by a percentage margin greater than the industry average