Multiple Choice
For new entrants, an attractive industry is one with
A) limited buyer power, high supplier power, and low barriers to entry
B) high switching costs, low investments, and low economies of scale
C) low barriers to entry, high product differentiation, and low supplier power
D) few substitutes, limited buyer power, and low competitive rivalry
Correct Answer:

Verified
Correct Answer:
Verified
Q37: Large inventories and order backlogs reduce competitive
Q38: Substitutes are considered to be products<br>A) from
Q39: External forces that can impact an industry
Q40: A Blue Ocean Strategy will include<br>A) focusing
Q41: Competitors are not considered stakeholders for the
Q43: With a blue ocean strategy, firms seek
Q44: In emerging industries where demand is growing,
Q45: For existing firms, an attractive industry is
Q46: Network effects exist when the likelihood of
Q47: Cost disadvantages for new entrants can arise