Multiple Choice
According to the textbook, the Five Forces model can be used in the following two ways: ________.
A) first, to help a firm determine whether it should enter an industry in an aggressive or a conservative manner, and second, to help a firm determine whether to compete in international markets in that industry.
B) first, to help a firm determine if it should enter a single or multiple niches in an industry, and second, to help a firm determine whether it can be competitive in that industry
C) first, to help a firm determine what industry it is best equipped to compete in, and second, to help a firm determine whether to compete in international markets in that industry
D) first, to help a firm determine what niche to enter within an industry, and second, to help a firm determine whether it can be competitive in that industry
E) first, to help a firm determine whether it should enter a particular industry, and second, to help a firm discern whether it can carve out an attractive position in that industry
Correct Answer:

Verified
Correct Answer:
Verified
Q28: If a startup pioneers an industry or
Q29: Firms that pursue a(n) _ strategy compete
Q30: A firm's future competitors are its most
Q31: What is industry analysis? Why is it
Q32: A competitive analysis grid is a tool
Q34: In general, industries are more attractive when
Q35: The primary opportunity existing for startups in
Q36: In various studies, researchers have found that
Q37: According to the textbook, the first step
Q38: The best industry to enter is an