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