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ed: Beyond Meat Connect Assignment i Required information Beyond Meat in 2022 This case has all the ingredients for generating considerable student interest and provoking a lively, interesting class discussion with divergent opinions among class members. The case presents students with the challenge of assessing the long-term growth prospects of the makers of plant-based meat substitutes and, in particular, Beyond Meat's prospects for long-term growth and profitability. Students who review the company's financial statements will also note that there are number of serious issues that must be addressed to achieve profitability and ensure financial viability of the company. Before completing these exercises, be sure to read the Beyond Meat case. What is your assessment of the strength of the competitive forces Beyond Meat faces? Do a five-forces analysis to support your answer. Select "yes" for those statements below that are accurate and choose "no" for those that are not Rivalry among the producers and distributors of plant-based meat products is a strong competitive force currently that almost certainly will intensify in the years ahead. (Click to select) v Factors acting to intensify the rivalry among producers and distributors of plant-based meat include the number of competitors scrambling to attract patronage of individuals to eating or trying plant-based meat substitutes. (Click to select) Rivalry is centered on taste and price (Click to select) Rivalry is centered on taste, individual health and nutritional benefits, plus planet-based environmental and agricultural sustainability benefits. (Click to select) v Factors working to intensify rivalry among industry participants include competitors pursuing some version of a differentiation strategy to try to set themselves apart on the basis of one or more competitive factors such as taste and price. (Click to select) Factors working to weaken rivalry among industry participants are the low switching costs on the part of buyers. (Click to select) Factors working to intensify rivalry among industry participants include plant-based producers who are periodically launching new/improved product versions with better taste, flavors, texture, and additional product selections. (Click to select) The threat of new entry in the production of plant-based meat substitutes is a moderately strong to very strong competitive force. (Click to select) ~ Suppliers do not have the resources and the distribution muscle to gain access to the shelves of retail grocers. (Click to select)