Question: Using the five force model analysis, which of the following can be a correct conclusion? A low entry barrier to new entrants makes an industry

Using the five force model analysis, which of the following can be a correct conclusion? A low entry barrier to new entrants makes an industry stay less competitive. The threat of substitute products and services makes an industry improve its products and services. The bargaining power between rivals and buyers makes an industry improve its products and services. The bargaining power of substitutes make an industry lowers its prices

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

1 - Unilever Review the article titled, \"Unilever's Big Strategic Bet on the Dollar Shave Club\" do additional research and answer these questions. You should prepare your report according to this...

________ statement is a statement of what specific organizational units do and what they hope to accomplish. Select one: a. vision b. technology c. mission d. strategy Question 6 To achieve 20%...

Please I have an article on which the questions come from. Please feel out the form appropriately. Please let me know if you can do a good job on this. I have similar exercise coming. Thanks ARTICLE...

Management 4390 Exercise: Applying the Content of Chapter 3 to your Company 1. Which of the five competitive forces is creating the strongest competitive pressures for your digital camera company? 2....

\f\f\fChapter 2 Service Strategy Learning Objectives After completing this chapter, you should be able to: 1. Formulate a strategic service vision. 2. Describe how a service competes using the three...

Lets now consider VTB (Vermont Teddy Bear) from the standpoint of the 5 forces model (see pp. 24-28) in terms of its competitive position in the gift delivery service industry sector. (I wonder what...

These are what my teacher expects for a strategic analysis essay: "Strategic Case Analyses - Case studies provide important windows into the real problems that firms are trying to solve. Note, since...

1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...

Case study and Background Porter (1979) argued that the essence of strategy formulation is coping with competition in the marketplace. He found that most business managers tended to view competition...

Many states have a Pick 3 lottery in which three digits are randomly selected each day. Winning requires that you select the same three digits in the same order that they are drawn. Assume that you...

Reactant A (CA0 50 s), and reacts away as follows: = 64 mol/m3) flows through a plug flow reactor -TA = 0.005 C5, mol/m3 s A - R, Determine the conversion of A if the stream is: (a) a microfluid, (b)...

For an organization of your choice, such as where you previously worked (or working now), discuss how the ERP system could be used and whether it would increase effectiveness. Working for a third...

A ) what are the pretesting methods you would use for a campaign ( Power point presentation ) , B ) Select the pretesting method ( s ) that would be most appropriate for your campaign and explain why...