According to the five factors model, an attractive industry would have all of
the following characteristics EXCEPT:
A. Low barriers to entry.
B. Suppliers with low bargaining power.
C. A moderate degree of rivalry among competitors.
D. Few good product substitutes.

1 Answer

Answer :

A moderate degree of rivalry among competitors.

Related questions

Description : According to the five factors model, an attractive industry would have all of the following characteristics EXCEPT: A. Low barriers to entry. B. Suppliers with low bargaining power. C. A moderate degree of rivalry among competitors. D. Few good product substitutes.

Last Answer : Low barriers to entry.

Description : Which one of the following is NOT included in the Porter’s Five Forces model: A. Potential development of substitute products B. Bargaining power of suppliers C. Rivalry among stockholders D. Rivalry among competing firms

Last Answer : Rivalry among stockholders

Description : Which one of the following is NOT included in the Porter’s Five Forces model: A. Potential development of substitute products B. Bargaining power of suppliers C. Rivalry among stockholders D. Rivalry among competing firms

Last Answer : Rivalry among stockholders

Description : All of these, except__________, are part of Porter's competitive forces in industry analysis. a. potential entry of new competitors b. bargaining power of suppliers c. development of substitute products d. bargaining power of union

Last Answer : bargaining power of union

Description : An industry is less attractive for suppliers when the rivalry among existing competitors is: a. High b. Low c. More d. Less

Last Answer : a. High

Description : Which of the following is NOT an entry barrier to an industry? A. None of these B. Economies of scale C. Customer loyalty D. Bargaining power of suppliers

Last Answer : Bargaining power of suppliers

Description : Which of the following is NOT an entry barrier to an industry? A. None of these B. Economies of scale C. Customer loyalty D. Bargaining power of suppliers

Last Answer : Bargaining power of suppliers

Description : New entrants to an industry are more likely when (i.e., entry barriers are low when…) A. It is difficult to gain access to distribution channels. B. Economies of scale in the industry are high. C. Product differentiation in the industry is low. D. Capital requirements in the industry are high.

Last Answer : Product differentiation in the industry is low.

Description : New entrants to an industry are more likely when (i.e., entry barriers are low when…) A. It is difficult to gain access to distribution channels. B. Economies of scale in the industry are high. C. Product differentiation in the industry is low. D. Capital requirements in the industry are high.

Last Answer : Product differentiation in the industry is low.

Description : Industry analysis should include information on – a) Market size of competitor’s product b) Growth rate of suppliers c) New product entry d) Economic conditions

Last Answer : d) Economic conditions

Description : Michael Porter has identified five forces that determine the intrinsic long-run attractiveness of a market or market segment. Which of the following would NOT be among Porter’s five forces? A. Industry competitors B. Technological partners C. Substitutes D. Buyers E. Potential entrants

Last Answer : B. Technological partners

Description : The Diamond Model suggests that four factors determine a firm's competitive advantage: a) 1) home demand conditions; 2) home supply conditions; 3) firm strategy and structure; 4) supporting ... home demand conditions; 2) home supply; 3) firm strategy; 4) related and supporting industries.

Last Answer : home demand conditions; 2) home factor conditions; 3) firm strategy, structure and rivalry; 4) related and supporting industries

Description : A continually evolving network of independent companies, suppliers, customers, even competitors, linked together to share skills, costs, and access to one another s markets is called a/an ... Virtual organization ; (b) Boundaryless organization ; (c) Modular organization (d) Integrated organization

Last Answer : (a) Virtual organization ;

Description : What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. ... d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Last Answer : The CAGE framework analyses bilateral differences and commonalities between two countries.

Description : What are the four industry globalizing drivers? a) Market drivers, cost drivers, government drivers, and localization drivers b) Market drivers, cost drivers, government drivers, and ... drivers, bargaining drivers d) Market drivers, cost drivers, competitive drivers, regionalization drivers

Last Answer : Market drivers, cost drivers, government drivers, and competitive drivers

Description : Which of the following management substitutes is characterized by formalization, inflexibility, and closely knit work groups? (a) Characteristics of subordinates. ; (b) Characteristics of managers. (c) Characteristics of the organization. ; (d) Characteristics of task.

Last Answer : (c) Characteristics of the organization. ;

Description : A product or service that customers have come to expect from an industry, which must be offered by new entrants if they wish to compete and survive, is known as a(n)? a. Switching costs b. Loyalty programs c. Entry barriers d. Affiliate programs

Last Answer : c. Entry barriers

Description : Which among the following is / are characteristics of common market ? 1. A common external trade policy exists 2. There are no trade barriers among members 3. Creates mobility of factors of production 4. All of these 5. None of these

Last Answer : All of these

Description : Which among the following is / are characteristics of common market ? 1. a common external trade policy exists 2. there are no trade barriers among members 3. creates mobility of factors of production 4. all of these 5. none of these

Last Answer : all of these

Description : Which of the following is a characteristic of pure monopoly? a. one seller of the product b. low barriers to entry c. close substitute products d. perfect informatio

Last Answer : a. one seller of the product

Description : Functional benchmarking involves: a) benchmarking your competitors. b) benchmarking global competitors in your industry. c) benchmarking organizations with regards to specific business activities ... d) benchmarking other multinational firms with similar corporate strategies or similar customers

Last Answer : benchmarking organizations with regards to specific business activities or processes

Description : _____________________ are those aspects which are valued by customers and where the organization must excel to outperform competitors? A. Input Factors B. Process Factors C. Output Factors D. Critical Success Factors

Last Answer : Critical Success Factors

Description : If an industry is characterized by economies of scale then - (1) barriers to entry are not very large (2) long run unit costs of production decreases as the quantity the firm produces increases (3) ... of the large scale operation (4) the costs of entry into the market are likely to be substantial

Last Answer : (2) long run unit costs of production decreases as the quantity the firm produces increases Explanation: In microeconomics, economies of scale are the cost advantages that an enterprise obtains due to expansion ... in unit cost as the size of a facility and the usage levels of other inputs increase.

Description : If an industry is characterised by economies of scale then (1) barriers to entry are not very large (2) long run unit costs of production decreases as the quantity the firm produces increases (3) ... of the large scale operation (4) the costs of entry into the market are likely to be substantial 

Last Answer : long run unit costs of production decreases as the quantity the firm produces increases

Description : The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Last Answer : Product differentiation

Description : The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Last Answer : Product differentiation

Description : Which of the following methods is/are used to solve intergroup conflicts indirectly (a) Avoidance ; (b) Encouragement ; (c) Bargaining ; (d) All of these

Last Answer : (a) Avoidance ;

Description : You have decided to try to find a win-win situation. You have decided to find a way to engage in: (a) integrative bargaining. ; (b) distributive bargaining. ; (c) mediation. (d) BATN(A)

Last Answer : (a) integrative bargaining. ;

Description : Which of the following is a characteristic of distributive bargaining? (a) I win, you win ; (b) long-term focus ; (c) convergent or congruent interests (d) opposed to each other

Last Answer : (d) opposed to each other

Description : What is meant by focused differentiation? A. Providing a high perceived value service or product to a selected market segment that justifies a substantial price premium B. ... differentiation D. Concentrating on differentiation as the primary means of achieving competitive advantage

Last Answer : Providing a high perceived value service or product to a selected market segment that justifies a substantial price premium

Description : What is meant by focused differentiation? A. Providing a high perceived value service or product to a selected market segment that justifies a substantial price premium B. ... differentiation D. Concentrating on differentiation as the primary means of achieving competitive advantage

Last Answer : Providing a high perceived value service or product to a selected market segment that justifies a substantial price premium

Description : Low performing Companies typically underestimate their Competitors’ Strengths and overestimate their own Companies’ Strengths

Last Answer : True

Description : Which one of the following is not a feature of monopoly? (1) Single seller of the product (2) Heavy selling costs (3) Barriers to entry of new firms (4) Price discriminations

Last Answer : (2) Heavy selling costs Explanation: Heavy selling cost is one of the defining features of an oligopoly. Firms resort to heavy selling cost to attract customers. Under this market ... mainly by heavy advertising and promotional expenditure that ultimately adds to the total selling cost.

Description : Which one of the following is not a feature of monopoly ? (1) Single seller of the product (2) Heavy selling costs (3) Barriers to entry of new firms (4) Price discriminations

Last Answer : Heavy selling costs

Description : Following is not a part of Internet Micro-Environment  Customers  Competitors  Suppliers  Technology

Last Answer :  Technology

Description : Changing the relationship with and services provided to customers in such a way that they will not think of changing suppliers is called …………. A) Lock in customers B) Lock out customers C) Lock in competitors D) Lock out competitors

Last Answer : A) Lock in customers

Description : Micro environment consists of ? A. suppliers B. marketing C. competitors D. all of the above

Last Answer : D. all of the above

Description : Which of the following statements accurately reflect the impact of technology? a. Technology has caused buyer power to increase b. Technology has lessened the entry barriers for many industries c. Technology has increased the threat of substitute products and services d. all of the above

Last Answer : d. all of the above

Description : Acquiring one or more suppliers for growth is…. A. Horizontal integration B. Forward integration C. Backward integration D. None of these options

Last Answer : Backward integration

Description : Which group would be classified as a stakeholder? A. Communities B. Banks C. Suppliers D. All of these

Last Answer : All of these

Description : Switching costs refer to the: A. Cost to a producer to exchange equipment in a facility when new technologies emerge. B. Cost of changing the firm’s strategic group. C. Costs suppliers incur when selling to a different customer. D. Costs customers incur when buying from a different supplier.

Last Answer : Costs customers incur when buying from a different supplier.

Description : Acquiring one or more suppliers for growth is…. A. Horizontal integration B. Forward integration C. Backward integration D. None of these options

Last Answer : Backward integration

Description : Which group would be classified as a stakeholder? A. Communities B. Banks C. Suppliers D. All of these

Last Answer : All of these

Description : Switching costs refer to the: A. Cost to a producer to exchange equipment in a facility when new technologies emerge. B. Cost of changing the firm’s strategic group. C. Costs suppliers incur when selling to a different customer. D. Costs customers incur when buying from a different supplier.

Last Answer : Costs customers incur when buying from a different supplier.

Description : Which of the following is not a part the Macro Environment? a. Laws & Policies b. Demographics c. Suppliers d. Social Values

Last Answer : Suppliers

Description : In ‘make or buy’ decision, it is profitable to buy from outside only when the supplier’s price is below the firm’s own ______________. (a) Fixed Cost (b) Variable Cost (c) Total Cost (d) Prime Cost

Last Answer : (b) Variable Cost

Description : Which structure breaks down departmental barriers and decentralizes decision-making to the level of the work team? (a) Boudaryless ; (b) Feminine ; (c) Team ; (d) Virtual 

Last Answer : ; (c) Team ;

Description : A specialty product 1. requires minimal effort to purchase 2. is purchased frequently 3. requires purchase planning, and the buyer will not accept substitutes 4. is generally less expensive ... items in the same product class 5. prompts the purchaser to make comparisons among alternatives

Last Answer : requires purchase planning, and the buyer will not accept substitutes

Description : A specialty product A)requires minimal effort to purchase. B)is purchased frequently. C)requires purchase planning, and the buyer will not accept substitutes. D)is generally less expensive than ... items in the same product class. E)prompts the purchaser to make comparisons among alternatives.

Last Answer : C)requires purchase planning, and the buyer will not accept substitutes.

Description : According to Hofstede, which dimension of a national culture measures the acceptability of a large difference in status and power among its citizens? A. Individualism versus collectivism B. Masculinity versus femininity C. Uncertainty avoidance D. Power distance

Last Answer : Power distance