Exam 3: Evaluating a Companys External Environment

In doing driving forces analysis,is it sufficient to simply identify the driving forces that are operating to alter industry and competitive conditions? Why or why not? If not,then explain what else is required for a complete driving forces assessment.

Which of the following is generally NOT considered a barrier to entry?

Which of the following is NOT an appropriate guideline for developing a strategic group map for a given industry?

The payoff of good scouting reports on rivals is an improved ability to:

In identifying an industry's key success factors,strategists should:

Using the Five Forces model of competition to determine the character and strength of the competitive forces within a given industry involves:

Which of the following is NOT a good example of a substitute product that triggers stronger competitive pressures?

Which of the following is MOST likely to qualify as a driving force?

Identify and briefly explain any three factors that lead to strong bargaining power on the part of buyers.

What is the best technique for revealing the different market or competitive position that rival firms occupy in the industry?

Industry conditions change:

Potential entrants are more likely to be deterred from actually entering an industry when:

Identify four factors that affect whether an industry does or does not present a company with a good business opportunity?

Identify five factors that tend to intensify competitive rivalry among an industry's member firms.

The competitive battles among rival sellers striving for better market positions,higher sales and market shares,and competitive advantage,suggests the rivalry force:

The key success factors in an industry:

The strength of competitive pressures that suppliers can exert on industry members is MAINLY a function of:

Evaluating the industry's driving forces,as a whole,requires understanding their influence on the attractiveness of industry environment and:

Not all buyers of an industry's product are likely to possess the same degree of bargaining power or leverage over the terms and conditions under which they purchase the product.True or false? Explain.

Good competitive intelligence about the strategic direction and likely moves of key competitors allows a company to determine: