all of the following are competitive forces except

Strong complementors might have a strong positive effect on the industry. 48. The threat of potential entrantsThreat of New EntrantsThe Threat of New Entrants refers to the threat that new competitors pose to current players within an industry. Competitors are more likely to respond to competitive actions that are taken by. c. product differentiation in the industry is low. Also, the five forces model overlooks the role of innovation as well as the significance of individual firm differences.
Which of the following resources is used by all organizations to achieve desired objectives? When an industry relies heavily on government contracts, which forecasts can be the most important part of an external audit.

19. Which of the following are signs of weakness in a company’s competitive position? This information may not, under any circumstances, be copied, modified, reused, or incorporated into any derivative works or compilations, without the prior written approval of Koofers, Inc. Information Technology can be used to support _____________. We are a ISO 9001:2015 Certified Education Provider. Earn Transferable Credit & Get your Degree, Get access to this video and our entire Q&A library. Services, Porter's Five Forces: Definition & Examples, Working Scholars® Bringing Tuition-Free College to the Community. d. respond to strategic actions, but not to tactical actions. Let’s discuss the five factors of Porter’s model in detail: The power of Porter’s five forces varies from industry to industry. Which of the following is one of the most common and useful of data mining for marketing? All the following are examples of information system, except: In the information system concepts, the processing function involves: A system that can change itself or its environment in order to survive is _________ system. Differ greatly for different size and type of organizations, c. Do not differ greatly for profit or nonprofit organizations but differ in small and large organizations, b. It presents a stagnant view of competition. Privacy Policy, Similar Articles Under - Strategic Management, Human, Social, and Intellectual Capital as a Means of Competitive Advantage, Blue Ocean Strategy and its Implications for Businesses, Overfished Ocean Strategy: How to Drive Growth and Attain Profitability, Porters Five Forces Analysis of the Airlines Industry in the United States, Porters Five Forces Analysis of Virgin Atlantic, Porters Five Forces Analysis of China Mobile, Diversification as a Viable Corporate Strategy, PESTLE Analysis of the Global Aviation Industry, How Amazon Can Improve its Corporate Strategy, Actualizing Business as Usual Strategies for Mission Critical Organizations and Functions, Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies, Porter’s Five Forces Model of Competition. There are multiple factors which can impact the intensity of rivalry within an industry. 34. Internal analysis enables a firm to determine what the firm, 40. The model helps a company understand the risks in the industry it is operating in and decide how it wants to execute its strategies in response to competition. 3. An analysis of the economic segment of the external environment would include all of the following EXCEPT. This term refers to the reliance that develops between the companies whose products work is in combination with each other. 55. D) customers. One example answer using Apple's iPod is: • Competitors to the iPod include the Zune. The task of strategy choice involves: a. developing plans and activities which will improve the organisation’s performance and competitive position, b. determining how the organisation can be more market and efficiency oriented, c. monitoring whether the organisation is achieving good financial performance.

One of the most renowned among managers making strategic decisions is the five competitive forces model that determines industry structure. 14. Privacy Policy 9. 56. The fundamental purpose of an organization’s mission statement is to, a. create a good human relations climate in the organization, b. define the organization’s purpose in society, c. define the operational structure of the organization, d. generate good public relations for the organization, a. 16. d. between 15 to 20 managers for it to be valid, e. stockholders and external government agencies. An external analysis enables a firm to determine what the firm. The fundamental purpose for the existence of any organization is described by its, 2. Which of the following is not a stage of strategy formulation techniques? E. Differentiation. - Examples & Concept, Human Resource Planning: Definition & Process, Customer Relationship Management: Using CRM to Focus on Customers, Cost Leadership Strategy: Definition & Examples, Business Ethics: Corporate Social Responsibility, Sustainable Competitive Advantage: Definition, Concept & Examples, Business 308: Globalization & International Management, CMMP Exam Study Guide - Certified Marketing Management Professional, High School Marketing for Teachers: Help & Review, CFMP Exam Study Guide - Certified Financial Marketing Professional, Improving Customer Satisfaction & Retention, OMCA Exam Study Guide - Online Marketing Certified Associate, Principles of Marketing: Certificate Program, Intro to Excel: Essential Training & Tutorials, Gerontology for Teachers: Professional Development, Psychology of Adulthood & Aging for Teachers: Professional Development, AEPA Earth Science (AZ045): Practice & Study Guide, Biological and Biomedical Which of the following is an issue considered in developing corporate strategies? Strategic-management audit is known as: 76. 96. Use of this information for any commercial purpose, or by any commercial entity, is expressly prohibited. Create your account. In Strategic Management - a) Please describe... How should Groupon expand internationally?

Technological forces; Competitive forces; View answer. ", What type of analysis should be used to respond to the statement, "Let's cut advertising by $100 repeatedly so we can see its relationship to sales?". All Of The Following Are Porter's Competitive Forces Except: A. Answer 1: Differentiation Explanation: The Porter's five forces are- Bargaining power of Buyers, Bargaining power of supplier, Threat of Rivals, operations management questions and answers. management-information-systems; 0 Answers. _________ are areas of substandard business performance compared to others in the industry or market segments. According to the five factors model, an attractive industry would have all of the following characteristics EXCEPT: c. a moderate degree of rivalry among competitors. Which statement best describes intuition?

Uploader Agreement. According to the text, the most important software component for many computer users today is the once simple and limited, but now powerful and feature rich, _______________. _____________ are the potential for new business markets or innovative breakthroughs that might expand present markets. The comprehensive course covers all the most important topics in corporate strategy! a. it provides an objective view of management problems. Developing the steps to follow in implementing operational level plans, c. Defining the business and developing a mission, e. Implementing and evaluating the chosen strategy. 68. A bit, the smallest element of data, can have values of: Which of the following software suites is an open-source product? Question: All Of The Following Are Porter's Competitive Forces Except: A. When developing strategies for a business, decision-makers should consider how they can potentially encourage complement providers to integrate and become a part of the business. Content Guidelines 2. According to Greenley, strategic management offers all of these benefits except that. Determining whether expected cost savings, increased profits, and other benefits exceed the cost of developing and operating a system is related to _______________. a. is a statement of a firm’s business in which it intends to compete and the customers which it intends to serve.

A. segmentation B. characteristics C. bargaining power D. competition E. profitability external environment. Strategic decisions ostensibly commit the firm for, 94. The target market for XYZ is oil and gas producers as well as producers of chemicals. c. it encourages a favorable attitude toward change.

__________, 2) ______________, and 3) ________________. Evaluate effectiveness of control system to measure achievements. b. is an internally-focused affirmation of the organization’s financial, social, and ethical goals. All the following are competitive strategies except: All of the following can be used to counter competitive forces in the marketplace except: All of the following are competitive forces in the marketplace except: Becoming a low-cost producer of products and services in an industry is an example of a(n): A serious problem of competitive advantage is that: Computer systems rely on which of the following components? A) suppliers.

a. The vision and mission statement can often be found.

Environmental scanning, Strategy formulation, Implementation, control and evaluation, b. It is one of the forces that shape the is impacted by things such as: The bargaining power of buyersBargaining Power of BuyersThe bargaining power of buyers, one of the forces in Porter’s Five Force Industry Analysis framework, refers to the pressure that customers/consumers can is high when: The bargaining power of suppliersBargaining Power of SuppliersThe Bargaining Power of Suppliers, one of the forces in Porter’s Five Forces Industry Analysis Framework, is the mirror image of the bargaining power is high when: Purchasers’ price elasticity is high when: Companies are likely to experience a high threat of substitute goods/services when: Complementary goods or services can add value to the existing products in an industry. ________________ is the foundation of blue ocean strategy. A(n) _________ strategy is a competitive strategy by which a frim establishes new business linkages with customers, suppliers, competitors, and other companies. A price set by the firm higher than its rivals, c. A declining market share, poor product quality and few sales in market, d. Lower revenues and profit margin and narrow product line than the market leader. d. is developed by a firm before the firm develops its vision. 49. a. numerous or equally balanced competitors. It consists of small application programs called applets that can be executed by any computer and any operating system anywhere in a network.

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