Exam 5: Analyzing Global Industries and Competitors

Mapping out of a market rival's purchasing habits, manufacturing placements and distribution activities is an analysis of its supply chain functions

To be a market leader in a key product area or technology is an example of a company's strategic intent

For most industries, global economic growth does not directly affect worldwide industry demand

Technological developments have had few effects on country demographics and population trends

A US company is trying to locate which country to source a particular product from. The firm should use which of the following data sources:

When the UN's International Telecommunications Union pushes to establish global industry standards for the telecommunications sector, the industry would view this move as what type of industry change driver:

Drivers of industry change on a worldwide scale include sector financial benchmarks and key success factors

Generally, political, economic, societal and technological factors drive industry change on a worldwide basis

Small markets are usually poor markets for large international firms

US export statistics can be found using the US Department of Commerce's national trade data base

A US manufacturer of high tech equipment only produces in the home market and exports to service foreign market needs. The appropriate method of evaluating worldwide demand for its products sold from the US would be:

A rival to auto producer Ferrari has determined that Ferrari's reputation is based on combining very high performance with the ultimate in body styling and appearance. This describes Ferrari's:

Worldwide industry demand should be evaluated at global, regional and national market levels

Financial benchmarks are important external and internal indicators of industry attractiveness and competitiveness

Technological developments have had few effects on religion

The US's National Trade Data Base allows firms to find out the countries from which the US imports specific types of products

Analyses of industries on a worldwide scale include all of the following except:

The United Nations Trade Data Yearbook (volume 2) enables US exporters to locate markets for products manufactured in the US

A company finds that worldwide industry sales fluctuate by over 20 percent on a year-by-year basis, but that Latin America and Asia show steady growth, and that Brazil, Japan and China have shown spectacular growth over the past two years. These findings have resulted from a(n):

The analysis of competitor supply chains makes firms become more efficient but rarely makes them into better competitors