Reference no: EM13739578
Question 1: Critical-Success-Factor (CSF) analysis is one of the few analytical tools available to compare one's company with its competitors on factors important in the industry.
Question 2: Competitors in an industry that produce more or less the same product have bargaining power over their buyers.
Question 3: Any company depicted in a strategic-group map can compete with any other.
Question 4: A situational monopoly is one of the following:
- An instant monopoly
- Something no other competitor has
- An ownable space for a useful period of time
- An opportunity to charge more than competitors
- None of the above
Question 5: What is the essence of strategic thinking?
- Thinking about strategic planning
- Finding alternative ways of competing and providing customer value
- Playing devil's advocate to what the company is currently doing
- All of the above
Question 6: A value curve that is higher than the industry's or uses issues unfamiliar to the industry is a sign of a blue ocean.
Question 7: Which question is not part of a Porter's Five-Forces Model analysis?
- Who has bargaining power?
- How intense is the rivalry among competitors?
- How concentrated is the industry?
- How strong is the threat of substitutes?
- How high are entry barriers?
Question 8: Which of the following cannot be deduced from a strategic-group map?
- Competitors that are strategically similar
- Market shares of individual competitors
- Areas of unserved demand
- Competitors that are not really competitors
- Entry barriers of different strategic groups
Question 9: Which of the following is not an economic variable?
- Rate of inflation
- Income levels
- Unemployment rate
- Housing starts
- Interest rate
Question 10: Which building block is not among the nine that comprise the business-model canvas?
- Industry segments
- Revenue streams
- Customer relationships
- Key partnerships
- Cost structure
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