Exam 3: Evaluating a Companys External Environment

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

The real payoff of driving forces is to help managers understand:

Which of the following is particularly pertinent in evaluating whether an industry presents a sufficiently attractive business opportunity?

In which of the following circumstances are competitive pressures associated with the bargaining power of buyers NOT relatively strong?

Competitive markets are economic battlefields.True or false? Explain.

Identify five factors that tend to weaken the intensity of competitive rivalry among an industry's member firms.

The task of driving-forces analysis is to:

Competitive pressures stemming from buyer bargaining power tend to be weaker in which of the following circumstances?

The competitive pressures from substitute products tend to be stronger when:

Which of the following factors represents the strategically relevant political factors in the macro-environment that will influence the performance of all firms across the board?

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.

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

Which of the following is part of a company's macro-environment?

Correctly diagnosing an industry's key success factors:

Having good competitive intelligence about rivals' strategies and moves to improve their situation is important because:

In mapping strategic groups:

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

Identify three conditions that tend to make potential entry a strong competitive force.

Whether buyer bargaining power poses a strong or weak source of competitive pressure on industry members depends in part on:

Market maneuvering among industry rivals: