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The most intense level of competition will be under situatio

akosiraff
May 1st, 2013
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  1.  
  2. Download: http://solutionzip.com/downloads/the-most-intense-level-of-competition-will-be-under-situations/
  3. Part 1 of 1 –
  4. Question 1 of 20 5.0 Points
  5. The most intense level of competition will be under situations of pure competition in which there is/are:
  6. A. one seller and a low degree of differentiation.
  7. B. many sellers and a high degree of differentiation.
  8. C. many sellers and no degree of differentiation.
  9. D. few sellers and a low degree of differentiation.
  10. Reset Selection
  11. Mark for Review What’s This?
  12. Question 2 of 20 5.0 Points
  13. Which of the following factor(s) determine the intensity of competition in an industry according to the industry perspective?
  14. A. The number of sellers
  15. B. The number of buyers
  16. C. How well different organizations are able to meet customers needs
  17. D. The identification of strategic groups
  18. Reset Selection
  19. Mark for Review What’s This?
  20. Question 3 of 20 5.0 Points
  21. The adaptive strategies approach was developed by:
  22. A. Miles and Snow.
  23. B. Mintzberg.
  24. C. Abell.
  25. D. Porter.
  26. Reset Selection
  27. Mark for Review What’s This?
  28. Question 4 of 20 5.0 Points
  29. Which of the following strategies is appropriate for business units that search for market stability and produce only a limited product line directed at a narrow segment of the total potential market?
  30. A. Prospector competitive strategy
  31. B. Defender competitive strategy
  32. C. Analyzer competitive strategy
  33. D. Reactor competitive strategy
  34. Reset Selection
  35. Mark for Review What’s This?
  36. Question 5 of 20 5.0 Points
  37. Systematically assessing and evaluating possible courses of action is known as the __________ strategy.
  38. A. reactor
  39. B. defender
  40. C. analyzer
  41. D. focus
  42. Reset Selection
  43. Mark for Review What’s This?
  44. Question 6 of 20 5.0 Points
  45. According to Porter, the “appropriate” competitive strategy is based on the organization’s:
  46. A. manufacturing operations.
  47. B. competitive advantage.
  48. C. public relations department.
  49. D. financial forecasts.
  50. Reset Selection
  51. Mark for Review What’s This?
  52. Question 7 of 20 5.0 Points
  53. The three generic types of competitive strategies are:
  54. A. vertical integration, diversification, and growth.
  55. B. cost leadership, differentiation, and focus.
  56. C. prospector, defender, and analyzer.
  57. D. build market share, maintain industry rank, and increase business strength.
  58. Reset Selection
  59. Mark for Review What’s This?
  60. Question 8 of 20 5.0 Points
  61. According to Michael Porter, competitive advantage can come from:
  62. A. having the lowest price in the industry.
  63. B. having the lowest costs in the industry.
  64. C. having the most efficient production process in the industry.
  65. D. having the most creative marketing strategies in the industry.
  66. Reset Selection
  67. Mark for Review What’s This?
  68. Question 9 of 20 5.0 Points
  69. When there is a broad competitive scope and there are low costs obtained, Porter suggests a(n) __________ strategy.
  70. A. cost leadership
  71. B. differentiation
  72. C. prospector
  73. D. reactor
  74. Reset Selection
  75. Mark for Review What’s This?
  76. Question 10 of 20 5.0 Points
  77. Which of the following is the main objective in the successful pursuit of the cost leadership strategy?
  78. A. Product innovation
  79. B. Efficiency in operations
  80. C. Customer focus
  81. D. Product design
  82. Reset Selection
  83. Mark for Review What’s This?
  84. Question 11 of 20 5.0 Points
  85. When customers consistently and repeatedly seek out, purchase, and use a particular brand, this is a situation of:
  86. A. effective production policies.
  87. B. cultural dynamics.
  88. C. brand loyalty.
  89. D. operations management.
  90. Reset Selection
  91. Mark for Review What’s This?
  92. Question 12 of 20 5.0 Points
  93. Which strategy is used by businesses that compete in a narrow market and use only one common competitive weapon?
  94. A. Differentiated strategy
  95. B. Focus strategy
  96. C. Analyzer strategy
  97. D. Prospector strategy
  98. Reset Selection
  99. Mark for Review What’s This?
  100. Question 13 of 20 5.0 Points
  101. The main goal of a company pursuing a differentiation strategy is to:
  102. A. increase market share and profits.
  103. B. lower production costs and increase efficiency.
  104. C. provide products or services that are unique.
  105. D. improve customer-oriented service.
  106. Reset Selection
  107. Mark for Review What’s This?
  108. Question 14 of 20 5.0 Points
  109. When an organization is not successful at pursuing a low-cost or differentiation strategy, this concept is referred to by Porter as:
  110. A. focus (cost).
  111. B. focus (differentiation).
  112. C. stuck in the middle.
  113. D. prospector.
  114. Reset Selection
  115. Mark for Review What’s This?
  116. Question 15 of 20 5.0 Points
  117. One advantage of the focus strategy is:
  118. A. the organization will get to know its market niche very well.
  119. B. the organization has difficulty lowering costs significantly.
  120. C. other organizations may be able to offer lower costs of the product.
  121. D. the organization may lose sight of changing customer needs.
  122. Reset Selection
  123. Mark for Review What’s This?
  124. Question 16 of 20 5.0 Points
  125. A company that produces commodity aluminum should pursue which of the following generic competitive strategies?
  126. A. Cost leadership
  127. B. Differentiation
  128. C. Growth
  129. D. Profit
  130. Reset Selection
  131. Mark for Review What’s This?
  132. Question 17 of 20 5.0 Points
  133. Using Mintzberg’s framework, organizations that compete on the basis of providing desirable product features and design configurations are using differentiation by:
  134. A. product design.
  135. B. product quality.
  136. C. price.
  137. D. marketing image.
  138. Reset Selection
  139. Mark for Review What’s This?
  140. Question 18 of 20 5.0 Points
  141. When an organization attempts to exploit and strengthen its competitive position through attacks on a competitor’s position, this ploy is known as:
  142. A. defensive strategies.
  143. B. offensive moves.
  144. C. defensive moves.
  145. D. offensive strategies.
  146. Reset Selection
  147. Mark for Review What’s This?
  148. Question 19 of 20 5.0 Points
  149. A frontal assault with regard to competitive actions means:
  150. A. matching the competition along the dimension of price only.
  151. B. matching the competitor along dimensions such as price, promotion, and distribution.
  152. C. holding off competitors with the use of international markets.
  153. D. remaining reactive the actions of the competition.
  154. Reset Selection
  155. Mark for Review What’s This?
  156. Question 20 of 20 5.0 Points
  157. The small, intermittent, seemingly random assaults on the markets of the competitors are referred to as __________ attacks.
  158. A. guerrilla
  159. B. resource
  160. C. industrial
  161. D. maneuvered
  162. Reset Selection
  163. Mark for Review What’s This?
  164.  
  165.  
  166. Download: http://solutionzip.com/downloads/the-most-intense-level-of-competition-will-be-under-situations/
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