Multiple Choice
Industry analysis can give firms an advantage when making decisions. This analysis helps managers determine the nature of the competition, the possible sources of imperfect competition, and the ________.
A) hierarchy of the firm's management system
B) possibility of the firm's earning above-normal returns
C) industries that would be compatible with the firm
D) number of firms in other industries
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Complimentors are players who provide complementary rather
Q2: What is the PESTEL analysis and how
Q3: All of the following are examples of
Q4: Suppliers are powerful when they control such
Q6: Consumers affect industry profits indirectly when they
Q7: Supplier power is reduced when firms in
Q8: Legal factors must be considered when performing
Q9: Firms must be sensitive to environmental factors
Q10: Once a strategy is congruent with PESTEL
Q11: In the model of industry analysis, the