Exam 5: Business-Level Strategy: Creating and Sustaining Competitive Advantages

The factors that lead to a low-cost position do not provide a substantial entry barriers position with respect to substitute products introduced by new and existing competitors.

(True/False)

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Question 101

Rivals would find it difficult to challenge Atlas Door in the short run because of

(Multiple Choice)

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Question 102

A need for turnaround occurs only during the maturity or declining stage of the life cycle.

(True/False)

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Question 103

In evaluating the sustainability of the Atlas Door competitive advantages over the long run, it is important to evaluate the ability of rivals to

(Multiple Choice)

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Question 104

Barnes and Noble lost its market share in book retailing to Amazon. It tried to regain market share by offering a similar electronic reader, the Nook, to the Amazon Kindle series. This demonstrates that Barnes and Noble lacked

(Multiple Choice)

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(36)

Question 105

Due to its size with over 475 billion USD in sales in 2014, Walmart has enormous bargaining power over its suppliers.

(True/False)

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(34)

Question 106

Porsche has enhanced power over buyers because its strong reputation makes buyers more willing to pay a premium price. This __ rivalry, since buyers become _ price-sensitive.

(Multiple Choice)

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Question 107

Which of the following is FALSE regarding how a differentiation strategy can help a firm to improve its competitive position relative to the Porter five forces model?

(Multiple Choice)

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Question 108

Focus, by itself, often constitutes a competitive advantage.

(True/False)

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Question 109

Given the attractiveness of premium pricing during the growth stage of the market life cycle, managers should emphasize short-term results to increase profits.

(True/False)

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Question 110

Renault has found a way to generate high profits on low-priced cards by using simple designs that incorporate components from older car designs and a no-discount retail policy. They are using a(n) ______________ strategy.

(Multiple Choice)

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Question 111

The desktop computer is in the decline stage of the industry life cycle, but it is not dead because companies have found ways to improve the price-performance trade-off.

(True/False)

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(39)

Question 112

Renault both lessens the degree of rivalry it faces and increases entry barriers for new entrants by increasing productivity and lowering unit costs.

(True/False)

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(39)

Question 113

Which statement regarding competitive advantages is true?

(Multiple Choice)

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Question 114

Concentrating solely on one form of competitive advantage generally leads to the highest possible level of profitability.

(True/False)

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(31)

Question 115

Zulily pays close attention to costs which helps to protect the company from buyer power and intense rivalry from competitors.

(True/False)

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(36)

Question 116

Atlas Door could lose competitive advantage for all of the following reasons except

(Multiple Choice)

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Question 117

Which of the following is most often true of mature markets?

(Multiple Choice)

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Question 118

Piecemeal productivity improvements can be used by a mature business in need of a turnaround.

(True/False)

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(47)

Question 119

A __________ can be defined as the total profits in an industry at all points along the industry value chain.

(Multiple Choice)

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Question 120

Showing 101 - 120 of 163

The factors that lead to a low-cost position do not provide a substantial entry barriers position with respect to substitute products introduced by new and existing competitors.

Rivals would find it difficult to challenge Atlas Door in the short run because of

A need for turnaround occurs only during the maturity or declining stage of the life cycle.

In evaluating the sustainability of the Atlas Door competitive advantages over the long run, it is important to evaluate the ability of rivals to

Barnes and Noble lost its market share in book retailing to Amazon. It tried to regain market share by offering a similar electronic reader, the Nook, to the Amazon Kindle series. This demonstrates that Barnes and Noble lacked

Due to its size with over 475 billion USD in sales in 2014, Walmart has enormous bargaining power over its suppliers.

Porsche has enhanced power over buyers because its strong reputation makes buyers more willing to pay a premium price. This __ rivalry, since buyers become _ price-sensitive.

Which of the following is FALSE regarding how a differentiation strategy can help a firm to improve its competitive position relative to the Porter five forces model?

Focus, by itself, often constitutes a competitive advantage.

Given the attractiveness of premium pricing during the growth stage of the market life cycle, managers should emphasize short-term results to increase profits.

Renault has found a way to generate high profits on low-priced cards by using simple designs that incorporate components from older car designs and a no-discount retail policy. They are using a(n) ______________ strategy.

The desktop computer is in the decline stage of the industry life cycle, but it is not dead because companies have found ways to improve the price-performance trade-off.

Renault both lessens the degree of rivalry it faces and increases entry barriers for new entrants by increasing productivity and lowering unit costs.

Which statement regarding competitive advantages is true?

Concentrating solely on one form of competitive advantage generally leads to the highest possible level of profitability.

Zulily pays close attention to costs which helps to protect the company from buyer power and intense rivalry from competitors.

Atlas Door could lose competitive advantage for all of the following reasons except

Which of the following is most often true of mature markets?

Piecemeal productivity improvements can be used by a mature business in need of a turnaround.

A __________ can be defined as the total profits in an industry at all points along the industry value chain.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Exam 5: Business-Level Strategy: Creating and Sustaining Competitive Advantages

The factors that lead to a low-cost position do not provide a substantial entry barriers position with respect to substitute products introduced by new and existing competitors.

Rivals would find it difficult to challenge Atlas Door in the short run because of

A need for turnaround occurs only during the maturity or declining stage of the life cycle.

In evaluating the sustainability of the Atlas Door competitive advantages over the long run, it is important to evaluate the ability of rivals to

Barnes and Noble lost its market share in book retailing to Amazon. It tried to regain market share by offering a similar electronic reader, the Nook, to the Amazon Kindle series. This demonstrates that Barnes and Noble lacked

Due to its size with over 475 billion USD in sales in 2014, Walmart has enormous bargaining power over its suppliers.

Porsche has enhanced power over buyers because its strong reputation makes buyers more willing to pay a premium price. This ______ rivalry, since buyers become _____ price-sensitive.

Which of the following is FALSE regarding how a differentiation strategy can help a firm to improve its competitive position relative to the Porter five forces model?

Focus, by itself, often constitutes a competitive advantage.

Given the attractiveness of premium pricing during the growth stage of the market life cycle, managers should emphasize short-term results to increase profits.

Renault has found a way to generate high profits on low-priced cards by using simple designs that incorporate components from older car designs and a no-discount retail policy. They are using a(n) ______________ strategy.

The desktop computer is in the decline stage of the industry life cycle, but it is not dead because companies have found ways to improve the price-performance trade-off.

Renault both lessens the degree of rivalry it faces and increases entry barriers for new entrants by increasing productivity and lowering unit costs.

Which statement regarding competitive advantages is true?

Concentrating solely on one form of competitive advantage generally leads to the highest possible level of profitability.

Zulily pays close attention to costs which helps to protect the company from buyer power and intense rivalry from competitors.

Atlas Door could lose competitive advantage for all of the following reasons except

Which of the following is most often true of mature markets?

Piecemeal productivity improvements can be used by a mature business in need of a turnaround.

A __________ can be defined as the total profits in an industry at all points along the industry value chain.

Strategic Management: Creating Competitive Advantages

Analyzing the External Environment of the Firm: Creating Competitive Advantages

Assessing the Internal Environment of the Firm

Recognizing a Firms Intellectual Assets: Moving Beyond a Firms Tangible Resources

Corporate-Level Strategy: Creating Value Through Diversification

International Strategy: Creating Value in Global Markets

Entrepreneurial Strategy and Competitive Dynamics

Strategic Control and Corporate Governance

Creating Effective Organizational Designs

Strategic Leadership: Creating a Learning Organization and an Ethical Organization

Managing Innovation and Fostering Corporate Entrepreneurship

Filters

Porsche has enhanced power over buyers because its strong reputation makes buyers more willing to pay a premium price. This __ rivalry, since buyers become _ price-sensitive.