Decrease the threat of entry in industry

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Reference no: EM132155738

1. Which of the following does NOT decrease the threat of entry in an industry?

High switching costs

Large economies of scale

Brand loyalty

Threat of competitor retaliation

None of these

2. Which of the following is the most important reason a strategic analyst should always do an industry structure analysis when evaluating a single firm’s strategy?

Helps identify all the competitors trying to take profits from the firm.

Helps identify the ways the firm should try to change the industry structure through its strategy.

None of these.

Helps identify if it is impossible for the firm to gain a competitive advantage in the future.

Helps identify opportunities for the firm in the future

3. Which of the following best describes the halo effect?

A CEO is considered effective if he or she is very popular with shareholders.

A CEO is considered effective because they have achieved the highest position in the organization.

A CEO is considered effective because they follow the practices of other successful firms.

A CEO is considered effective if the firm is performing well.

None of these

Reference no: EM132155738

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