Question 1

A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.

Accepted Answer

A) True 
 B)False

Question 2

Through chaining,companies increase their buying power,which allows them to negotiate large price reductions with their suppliers,which in turn promotes their competitive advantage.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following factors that affect market growth rates refers to the degree to which the results of using and enjoying a new product can be seen and appreciated by other people?

Accepted Answer

A)   Complexity
B)   Relative advantage
C)   Compatibility
D)   Trialability
E)   ObservabilityF) B) and E)
G) A) and E)

Question 4

Companies like Swedish furniture retailer Ikea can be described as a cost leaders.Ikea established networks of linked mechandising outlets that are interconnected by IT and function as one large company.Which of the following strategies for consolidating a fragmented industry does Ikea pursue?

Accepted Answer

A)   Chaining
B)   Franchising
C)   Horizontal merger
D)   Niche strategy
E)   Divestment strategyF) D) and E)
G) A) and B)

Question 5

As a result of fierce competition in the shakeout stage,an industry becomes fragmented.

Accepted Answer

A) True 
 B)False

Question 6

All of the following factors cause excess industry capacity except

Accepted Answer

A)   widely deployed, cost-reducing technological developments.
B)   industry competitive factors.
C)   new entrants into the industry.
D)   declining customer demand.
E)   powerful suppliers.F) A) and B)
G) C) and D)

Exam 6: Business-Level Strategy and the Industry Environment

All of the following factors cause excess industry capacity except

Correct Answer
verified

Which of the following factors that affect market growth rates refers to the degree to which the results of using and enjoying a new product can be seen and appreciated by other people?

Correct Answer
verified

A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.

Correct Answer
verified

Through chaining,companies increase their buying power,which allows them to negotiate large price reductions with their suppliers,which in turn promotes their competitive advantage.

Correct Answer
verified

Companies like Swedish furniture retailer Ikea can be described as a cost leaders.Ikea established networks of linked mechandising outlets that are interconnected by IT and function as one large company.Which of the following strategies for consolidating a fragmented industry does Ikea pursue?

Correct Answer
verified

As a result of fierce competition in the shakeout stage,an industry becomes fragmented.

Correct Answer
verified

Exam 6: Business-Level Strategy and the Industry Environment

All of the following factors cause excess industry capacity except

Correct AnswerverifiedShow Answer

Which of the following factors that affect market growth rates refers to the degree to which the results of using and enjoying a new product can be seen and appreciated by other people?

Correct AnswerverifiedShow Answer

A leadership strategy aims at growing in a declining industry by picking up the market share of companies that are leaving the industry.

Correct AnswerverifiedShow Answer

Through chaining,companies increase their buying power,which allows them to negotiate large price reductions with their suppliers,which in turn promotes their competitive advantage.

Correct AnswerverifiedShow Answer

Companies like Swedish furniture retailer Ikea can be described as a cost leaders.Ikea established networks of linked mechandising outlets that are interconnected by IT and function as one large company.Which of the following strategies for consolidating a fragmented industry does Ikea pursue?

Correct AnswerverifiedShow Answer

As a result of fierce competition in the shakeout stage,an industry becomes fragmented.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified