Question 1

Which of the following statements correctly describes potential competitors in an industry?

Accepted Answer

A)  They threaten the profitability of established companies. 
B)  They are usually encouraged by established companies. 
C)  They find it easier to enter an industry when the entry barriers are high. 
D)  They find it easier to enter an industry when established companies have economies of scale. 
E)  They usually have an absolute cost advantage over established companies. 
A)  They threaten the profitability of established companies. 
B)  They are usually encouraged by established companies. 
C)  They find it easier to enter an industry when the entry barriers are high. 
D)  They find it easier to enter an industry when established companies have economies of scale. 
E)  They usually have an absolute cost advantage over established companies.

Question 2

When the value of the dollar is low compared to the value of other currencies, products made in the United States are relatively inexpensive, and products made overseas are relatively expensive.

Accepted Answer

A) True 
 B)False

Which of the following statements correctly describes potential competitors in an industry?

When the value of the dollar is low compared to the value of other currencies, products made in the United States are relatively inexpensive, and products made overseas are relatively expensive.

Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage

Internal Analysis: Resources and Competitive Advantage

Competitive Advantage Through Functional-Level Strategies

Business-Level Strategy

Business-Level Strategy and the Industry Environment

Strategy and Technology

Strategy in the Global Environment

Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing

Corporate-Level Strategy: Related and Unrelated Diversification

Corporate Governance, Social Responsibility, and Ethics

Implementing Strategy Through Organization

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Exam 2: External Analysis: the Identification of Opportunities and Threats

Which of the following statements correctly describes potential competitors in an industry?

When the value of the dollar is low compared to the value of other currencies, products made in the United States are relatively inexpensive, and products made overseas are relatively expensive.

Strategic Leadership: Managing the Strategy-Making Process for Competitive Advantage

Internal Analysis: Resources and Competitive Advantage

Competitive Advantage Through Functional-Level Strategies

Business-Level Strategy

Business-Level Strategy and the Industry Environment

Strategy and Technology

Strategy in the Global Environment

Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing

Corporate-Level Strategy: Related and Unrelated Diversification

Corporate Governance, Social Responsibility, and Ethics

Implementing Strategy Through Organization

Filters