17.Which of the followings is NOT an entry barrier to an industry?

Select one:

a.

Expected competitor retaliation

b.

Customer product loyalty

c.

Economies of scale

d.

bargaining power of suppliers

20.The competencies that a firm employ to transform inputs into outputs are:

Select one:

a.

tangible resources.

b.

Reputational resources.

c.

intangible resources.

d.

organizational capabilities.

22.When does diversification start to make sense?

a.

Strong competitive position, slow market growth

b.

Strong competitive position, rapid market growth

c.

At the early stage of the introduction phase of the industry lifecycle

d.

Weak competitive position, rapid market growth