14 Which of the following does NOT decrease the threat of entry in an industry? High switching costs Large...

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General Management

14

Which of the following does NOT decrease the threat of entry inan industry?

High switching costs

Large economies of scale

Brand loyalty

Threat of competitor retaliation

None of these

15

Which of the following is the most important reason a strategicanalyst should always do an industry structure analysis whenevaluating a single firm’s strategy?

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

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

None of these.

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

Helps identify opportunities for the firm in the future

16

Which of the following best describes the halo effect?

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

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

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

A CEO is considered effective if the firm is performingwell.

None of these

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14 Large economies of scale This does not decrease the threat of new entries in the competition because even if the cost is decreased with the help of large economies of scale there can be    See Answer
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