STR 581 WEEK 6 CAPSTONE FINAL EXAMINATION, PART 3 (LATEST)

Jul 7th, 2016
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1. A(n) ________ market share of exactly 100 percent means that a company is tied for the market lead. A rise in relative market share means the company is gaining on its leading competitor. potential relative served overall 2. The typical risks of a cost leadership strategy include___________. loss of customer loyalty excessive differentiation to the point where the customer base is too small the inability to balance high differentiation and low price production and distribution processes becoming obsolete 3. The likelihood of entry of new competitors is affected by and ___________. the power of existing suppliers; buyers the profitability of the industry; the market share of its leading firm barriers to entry; expected retaliation of current industry organizations the demand for the product; the profitability of the competitors 4. In general, compared with firms which compete in only one market, among firms which face one another in multiple markets there is__________

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STR 581 Week 6 Capstone Final Examination, Part Three (Newest)1. A(n) ________ market share of exactly 100 percent means that a company is tied for themarket lead. A rise in relative market share means the company is gaining on its leadingcompetitor.potentialrelativeservedoverall2. The typical risks of a cost leadership strategy include___________.loss of customer loyaltyexcessive differentiation to the point where the customer base is too smallthe inability to balance high differentiation and low priceproduction and distribution processes becoming obsolete3. The likelihood of entry of new competitors is affected by and ___________.the power of existing suppliers; buyersthe profitability of the industry; the market share of its leading firmbarriers to entry; expected retaliation of current industry organizationsthe demand for the product; the profitability of the competitors4. In general, compared with firms which compete in only one market, among firms which faceone another in multiple markets there is__________.similar competitive rivalrymore competitive rivalryless competitive rivalryno competitive rivalry5. The three parts of the external environment which affect a firm's strategic actionsare__________.economic, political, and legalindustry, business, and productlocal, national, and globalgeneral, industry, and competitor6. The proper matching of what a firm can do with what a firm might do__________.balances the internal characteristics of

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