man4720 chapter 3

porters model, which of the following should be considered when analyzing a firms competition?

buyers suppliers threat of substitutes

when competitors cooperate in the name of a shared strategic objective, the engage in

coopetition

pestel mode, you can:

evaluate external trends monitor external factors

which is the most important strategic dimensions in mapping strategic groups?

expedentures onr esearch and development product and service offerings pricing

although ____ such as price fixing is illegal in the us, ___such as "a unspoken understanding" is not

explicit, tactic

which of the following are important sources of entry barriers

government policy capital requirements credible threat of retaliation network effects economies of scale

the relationship between the natural environment and business organization is describe as

interdependent

a perfect competitive industry has

low entry barriers and many small firms

how do strategic groups differ from eachother?

market segments customer service pricing research and development

example of process technology

nanotechnology

to influence changes in their political environment, firms pursue

non market strategies

according to the five forces model a firm seeking to compete in an established industry should seen to do which of the following?

position instead in a way that leverages weak forces position itself in a way that relaxed the constraints of strong forces

the intensity with which companies in an industry jockey fro market share and profitability is known as

rivalry

examples of economies of scale

spreading fixed costs over more units benefit from a more specialized division or labor having more nehotiating power visavia supliers